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New Member
posted Oct 30, 2019 7:46:24 PM

Should I buy Premier or Standard to report fishing income?

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1 Best answer
Level 15
Oct 30, 2019 7:46:26 PM

TurboTax Self-Employed is a good option for you to report your fishing income, but all versions of TurboTax Online can complete a tax return with self-employment income and expenses. You could always give it a test drive in TurboTax Standard or Premier and then upgrade as you go if you find you'd like that extra help. When you upgrade, your data already entered will carry over and you'll pick up right where you left off.

Just remember, once you "upgrade" to a higher version of TurboTax, you cannot "downgrade" 

Use this link and answer a few questions to best determine the product that is right for you, https://turbotax.intuit.ca/personal-tax-software/online-tax-software.jsp.

1 Replies
Level 15
Oct 30, 2019 7:46:26 PM

TurboTax Self-Employed is a good option for you to report your fishing income, but all versions of TurboTax Online can complete a tax return with self-employment income and expenses. You could always give it a test drive in TurboTax Standard or Premier and then upgrade as you go if you find you'd like that extra help. When you upgrade, your data already entered will carry over and you'll pick up right where you left off.

Just remember, once you "upgrade" to a higher version of TurboTax, you cannot "downgrade" 

Use this link and answer a few questions to best determine the product that is right for you, https://turbotax.intuit.ca/personal-tax-software/online-tax-software.jsp.