Which version do I need?

[TurboTaxAniqua]

@Sloopy18 Unfortunately, we don't support T3 returns. 

[Marty24]

I have been an Intuit / Turbotax Canada customer for as long as I can remember.  (I am a CPA and find it quite easy to navigate your program (though I am retired so that may be changing!)).  I have been getting the standard version which allows me sufficient numbers for the the tax returns I do each year.  In 2025, I (we) disposed of our principle residence of 30+ years and downsized to a smaller one.  Which version of Turbotax should I get to accommodate this disposition reporting.

Thanks,

[TurboTaxAniqua]

You can use the TurboTax Desktop Standard version to report a sale of your principal residence.

Thank you for choosing TurboTax.

[brubrubru]

Hi,

I'm going in circles trying to figure this out so l thought I'd give a try here.

I've always used TurboTax Standard (desktop) for myself, my husband, my in-laws, my mom and my sister. All very straight forward - T4s, T5s, CPP, etc.

Then hubby and I acquired a foreign property which generates rental income and I started a small business (sole-proprietor). So for us, I went to an accountant for the past four years.

But now I'm going to start doing ours again with TurboTax. Do I continue with the Standard and within that I'II find the additional tax forms for foreign income and a small business? Or do I need to jump to the Home & Business version?

If yes to H&B, can I still complete my families personal tax returns with this version?

Thank you in advance for your help.

[TurboTax_Susan]

@brubrubru While we recommend Home & Business for Self-Employment Income, TurboTax Standard Desktop still includes the T2125 Self-employment form.

[brubrubru]

Thank you so much.

So if I use the Home & Business version for my more complex tax needs, can I still complete my families tax returns with this same version (as stated, theirs are very simple)? Or do I have to buy the Standard version in addition to the H&B version?

[TurboTax_Susan]

@brubrubru All version of TurboTax Desktop have the same forms, it's just the EasyStep interview is different in each one. Home & Business has everything that the other versions have, but with an enhanced interview for Self-Employment income.