What Version of TurboTax

[jessitt0608]

I am trying to decide on which TurboTax edition to buy.  Is it the Small Business or the Home and Business??  I've sold a considerable amount on eBay and other online sites and need a Schedule C to list my COG and expenses.  I am curious as to which version would be the best.  If it makes any difference, I am retired, so other than SS, this is my only other income.

[vintage-camerastuff]

I use turbo tax Home and Business.  Have used it for years.  Seems to cover everything.

[jessitt0608]

Thanks, and it allows you to list expenses as well as COG?? What about deduction for working out of your home??

[lacemaker3]

@jessitt0608,

 Here's a list of TurboTax versions for filing personal taxes, and comparison:

https://turbotax.intuit.com/personal-taxes/compare/desktop/

The Home and Business version is designed for self-employed and small businesses filing as sole proprietors. That's what the schedule C is for, so this is the version that includes it. Schedule C includes all business expenses.

You don't need TurboTax for Business unless you are incorporated, or have a multi-member LLC.

https://turbotax.intuit.com/small-business-taxes/

[jessitt0608]

Thank you both.  My question has been answered.

Rich

[sapphire_studio]

Filing taxes with Cash App is just as easy as TurboTax was for me. It has a Schedule C and walks you through everything step by step the same way. And it's free. I highly recommend it to anyone.