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April 7, 2024
Question

How go I enter Interest from Seller-Financed Loans in Turbo tax Free online? I normally enter this on Schedule B but don't see it Turbo tax Free?

  • April 7, 2024
  • 1 reply
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1 reply

PatriciaV
April 8, 2024

TurboTax Free has changed for tax year 2023 and is available only for simple income and limited credits.

 

Situations covered (assuming no added tax complexity):

  • W-2 income
  • Interest or dividends (1099-INT/1099-DIV) that don’t require filing a Schedule B
  • IRS standard deduction
  • Earned Income Tax Credit (EITC)
  • Child Tax Credit (CTC)
  • Student loan interest deduction

If you don’t have a Form 1040 return that is limited to the above, we have other paid options to file using TurboTax. See How do I upgrade or switch to a higher version of TurboTax Online?

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