I'm wondering why I spent extra on TurboTax Premier, when apparently TurboTax Online has features Premier does not?

Forum|Forum|5 years ago
January 24, 2021
1 reply
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I purchased Premier because it is specifically promoted as having enhanced features for investments. Yet, now I find out that while one can input cryptocurrency sales as capital gains taxable events in the online version, there is no such option in premier. Setting aside the minor quibble that cryptocurrency is treated as property rather than as an investment per se, it would seem I've been shortchanged in available features. For that matter, you enter crypto in the online version apparently as follows:

Select Federal from the left menu, and Wages & Income from the menu near the top.
Scroll down and select Show more next to Investment Income.
Select Start or Revisit next to Cryptocurrency.

So quite clearly, the online version handles it under Investment Income - precisely what Turbotax Premier is supposed to be ideal for.

This is, to put it mildly, frustrating.

cgervasi

Premier is a level of TurboTax available online.

anastropheAuthor

Unless the features are identical, and unless a desktop user can freely switch between online or desktop without additional fees, it doesn't really respond to the issue. There's really no excuse for the desktop application lacking features - material features, not UI/UX and other ancillary specifics, but instead actual filing features - compared to the online version.

cgervasi

Is there a Premier that is not as good as the online Premier?

In recent years I've only bought the online TurboTax Self-Employed version. I haven't compared it to the Desktop version. I used the Desktop version long ago.