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March 28, 2022
Question

2021 Free version

  • March 28, 2022
  • 1 reply
  • 0 views

Can I use 2021 Free Version if I have RRSP HBP repayment or Rental Income?

    1 reply

    April 6, 2022

    No, The Free Version will only cover the simple functions, For example:

    • It Covers COVID-19 benefits and repayments.
    • Import slips directly from the CRA.
     
    • Import last year’s TurboTax info.
     
    • Covers employment, unemployment, and pension income.
     
    • Handles RRSP contributions.
     
    • Claim dependent and student credits.

    The Premier Version uses these functions:

     

    • Covers income and expenses from stocks, bonds, and cryptocurrency.
     
    • Covers rental property income and expenses.
     
    • Covers capital gains and losses.
     
    • Handles foreign income.

     

    The premier version would be best for you since you want to cover Rental income. Please check out the premier tax software for your needs:https://turbotax.intuit.ca/tax/software/online

     

    Thank you for Choosing TurboTax.