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New Member
posted Jul 13, 2022 11:48:22 AM

I've always been self employed, why do I need to upgrade now to complete my return?

After entering all my information as usual, I'm told I need to upgrade. Can you tell me what has changed? 

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1 Replies
Level 3
Nov 22, 2022 8:57:27 AM

There are many benefits when filing with our Self Employed plan which may not be included with the plan you are currently using. Our self-employed plan includes many aspects such as:

- Covers income and expenses from stocks, bonds, and cryptocurrency

- Covers rental property income and expenses

- Covers capital gains and losses

- Handles foreign income

- Provides guidance reporting self-employment income and expenses

- Searches for industry-specific deductions

- Covers ride-sharing, online sales, consulting, real estate, and more

Please see this TurboTax article: 

Why did I have to upgrade my TurboTax Online edition?

 
Here is a great article by TurboTax on filing as a self-employed small business owner. 
 
Thank you for choosing TurboTax.