Will upgrading to Turbotax premier, which allows me to enter my wife's T4PS, actually lower what she owes? Or does TurboTax Deluxe take the T4PS into account?
I added a T4PS and it now says she owes an additional ~$600 in taxes. But then says we need to upgrade to TT Premier to be able to enter a T4PS.
Will upgrading to Turbotax premier, which allows me to enter my wife's T4PS, actually lower what she owes? Or does TurboTax Deluxe take the T4PS into account?
Yes, if you have T4PS (T4PS Statement of Employee Profit-Sharing Plan Allocations and Payments), it requires an upgrade to Premier as the Deluxe version doesn't accommodate that T-Slip.
Will upgrading to Turbotax premier, which allows me to enter my wife's T4PS, actually lower what she owes? Or does TurboTax Deluxe take the T4PS into account?
I understand that. But turbo tax deluxe allowed me to enter the T4PS data, and then altered the amount owed at the top of the page. It was only after I click next it said I needed to upgrade. Is the number at the top taking the T4PS into account?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.
Sign In
Canada (English)
EN
