TurboTax 2015 (tax year 2014) UPSELL

[Andrew]

I went looking on the TT Community -
Here is an old message, some of the wording changed,
but just checked on my TT 2013 -
and the "UPGRADE" dialog is there....

---

1. At the top of the TurboTax screen select the Federal Taxes tab and then
select Wages & Income.
2. Select Explore on My Own.
3. Under the Investment Income heading, select Start or Update the Stocks,
Mutual Funds, Bonds, Other section. .
4. Answer Yes on the Investment Sales screen.
5. Select a type of investment and continue.
6. Select Upgrade and follow the on-screen instructions for either
purchasing online or by phone.

This will allow you to upgrade your program from Deluxe to Premier.

Thanks for that pointer. Might come in handy depending on the Q/TT
bundle that is being offered next month in November.

 

[Andrew]

Thanks as always R.C.!

I am guessing that the difference in supporting Sch D is the interview
process where in plain English and forms one gets to put in all the
stuff, but if there are any 'flags', logic in the program kicks in ...
like perhaps realizing dates might catch you in a wash-sale that perhaps
one wouldn't catch if one was just filling in the forms.

The reason I (and others, I presume) are curious as to your comment is
that in the product feature chart on their website at:

https://www.turbotax.com/lp/ty14/ppc/desktop1.jsp?srqs=null&cid=ppc_gg_b_stan_all_us_turbo-tax-2014-main&srid=sr3_102523125|pcrid|41805649428|pkw|turbo tax 2014|pmt|e|pdv|c|mtid|BR03&skw=turbo tax 2014&adid=41805649428&kw={searchQuery}&ven=gg&#irs-forms


clearly shows that Sch D is only 'included' (their page title, not mine)
in PREMIER or HOME&BUSINESS.

Well, I probably will still (unfortunately) go with PREMIER just because
it might be easier for me to assure myself I got it right in the logic
is looking over my shoulder on some of this stuff that perhaps I do not
get in the BASIC version, even if indeed it contains (As you state but I
can't verify independently) Sch D is some included.

Not to bring this up again, but....

Just bought T/T for t/y 2014. Got PREMIER this year as they claim
PREMIER is needed for Sch D .

The Q&A for PREMIER (where they say Sch D support moved to this year)
states "You'll need TurboTax Premier if you sold investments (stocks,
bonds, options, etc.) or owned rental property in 2014."

Just not sure I understand why if one got 'only' DELUXE version and
needed to do a Sch D that DELUXE would suffice.

btw, see:
https://ttlc.intuit.com/questions/1913050-is-turbotax-basic-right-for-me .

BASIC edition no longer supports FORMS view. So if that is in the past
where one entered manually Sch D info, no joy this year. I would
suspect that the dialog method does not ask any questions about the sale
of securities if both BASIC and DELUXE editions don't support Sch D.)

 

[R. C. White]

Hi, All...

Replying to myself to report that I've now tried TTax 2015 Basic and the
results were disappointing. See my post today in the newer thread, "Re:
TurboTax 2014 - Basic version NO LONGER has Forms Mode", started by ps56k on
11/25/2014.

RC
-- --
R. C. White, CPA
San Marcos, TX
(Retired. No longer licensed to practice public accounting.)
(e-mail address removed)
Microsoft Windows MVP (2002-2010)
(Using Quicken Deluxe 2015 R3 and Windows Live Mail in Win8.1 x64)


"R. C. White" wrote in message

Hi, Bart.

Well, they can't sell a package that can't produce a completed return. They
can make US do more of the work, but the return must be ready to file when
we finish - and all the essential pieces have to be there, whether Intuit
reminds us or not. It is still OUR return and OUR responsibility to get it
right, not Intuit's.

The IRS would not take kindly to me if I protested that my return was
incomplete because I could not afford to buy the high-priced program.

And see my reply to Andrew.

RC


"Bert" wrote in message
In "R. C. White"

Remember, Intuit MUST include all that we need to file a complete
return, even in the bottom-level product.

Why "must" they do that?

 

[Andrew]

Hi, All...

Replying to myself to report that I've now tried TTax 2015 Basic and the
results were disappointing. See my post today in the newer thread, "Re:
TurboTax 2014 - Basic version NO LONGER has Forms Mode", started by
ps56k on 11/25/2014.

RC
-- -- R. C. White, CPA
San Marcos, TX
(Retired. No longer licensed to practice public accounting.)
(e-mail address removed)
Microsoft Windows MVP (2002-2010)
(Using Quicken Deluxe 2015 R3 and Windows Live Mail in Win8.1 x64)


"R. C. White" wrote in message

Hi, Bart.

Well, they can't sell a package that can't produce a completed return.
They
can make US do more of the work, but the return must be ready to file when
we finish - and all the essential pieces have to be there, whether Intuit
reminds us or not. It is still OUR return and OUR responsibility to get it
right, not Intuit's.

The IRS would not take kindly to me if I protested that my return was
incomplete because I could not afford to buy the high-priced program.

And see my reply to Andrew.

RC


"Bert" wrote in message
In "R. C. White"


Why "must" they do that?

Actually, RC, to give credit where credit is due, I think 'Al' brought
this whole issue about what version of TT to buy for security sales
ORIGINALLY last month on 10/20, and I chimed in immediately as to how TT
was able to do Sch D in a version (ie: Basic) that they clearly stated
did not support investments unless you were in PREMIER. This is not
news to those that follow this NG for over a month.

I 'broke down' and bought PREMIER. Even if FORMS mode allows one to
enter Scd D transactions in DELUXE (which I always had bought in the
past), it is now so complex (different from complicated, at least to
me), I'd rather have the interview panels generate the forms themselves
in PREMIER. My piece of mind is certainly worth more than the
incremental cost of PREMIER over DELUXE.

Of course, YMMV.

 

[Jeff]

Actually, RC, to give credit where credit is due, I think 'Al' brought
this whole issue about what version of TT to buy for security sales
ORIGINALLY last month on 10/20, and I chimed in immediately as to how TT
was able to do Sch D in a version (ie: Basic) that they clearly stated
did not support investments unless you were in PREMIER. This is not
news to those that follow this NG for over a month.

I 'broke down' and bought PREMIER. Even if FORMS mode allows one to
enter Scd D transactions in DELUXE (which I always had bought in the
past), it is now so complex (different from complicated, at least to
me), I'd rather have the interview panels generate the forms themselves
in PREMIER. My piece of mind is certainly worth more than the
incremental cost of PREMIER over DELUXE.

Of course, YMMV.

Has anyone bought TT Deluxe to see if it really does not handle
financial equity downloads and if it has really lost the ability to
handle schedule D as it always had?

Jeff

 

[gp]

Has anyone bought TT Deluxe to see if it really does not handle
financial equity downloads and if it has really lost the ability to
handle schedule D as it always had?

Jeff

I find H&R Block web site very unhelpful on their software. They are
trying more to sell their local offices.

The 2014 Deluxe program currently states you cannot Import until
sometime in Jan.

the following is from H&R Block Tax 2014 Deluxe version help file.
\\\\\\\\\\\\\\\\
The H&R Block Tax Software can import any Tax Exchange Format (TXF)
file. Many financial packages now include support for the Tax Exchange
Format. The Tax Exchange Format uses an identifier for each category
of tax information, and specifies which form and line the data should
be imported to. If you have a program that supports the Tax Exchange
Format, read your program's documentation for details about creating a
Tax Exchange Format file

\\\\\\\\\\\\
The following web site discusses which brokerage was included in the
2013 versions.

http://thefinancebuff.com/import-w2-and-1099-forms-into-turbotax-and-hr-block-from-where.html

 

[Al]

Actually, RC, to give credit where credit is due, I think 'Al' brought
this whole issue about what version of TT to buy for security sales
ORIGINALLY last month on 10/20, and I chimed in immediately as to how TT
was able to do Sch D in a version (ie: Basic) that they clearly stated
did not support investments unless you were in PREMIER. This is not
news to those that follow this NG for over a month.

I 'broke down' and bought PREMIER. Even if FORMS mode allows one to
enter Scd D transactions in DELUXE (which I always had bought in the
past), it is now so complex (different from complicated, at least to
me), I'd rather have the interview panels generate the forms themselves
in PREMIER. My piece of mind is certainly worth more than the
incremental cost of PREMIER over DELUXE.

Of course, YMMV.

--

Well, shiver me timbers if this thread gets more complex, but what I have to add is experience note and question on using TT 2014 Dlx to fill in Sched D in Forms view.

1. Opened Sched D, which now included some stuff from our 2013 return, so as to get a jump on listing sales of investments during 2014.
2. Tried entering totals. Not allowed. Shown blue box to suck in Form 8749 data.
3. Tried opening Form 8749. Not allowed. Informed with pop-up that Form 8749 is created by starting Sched D.
BUT...BUT....BUT....
But... I thought I had just OPENED Sched D with data in it.

NOW, I believe I read in this thread or the newer one dealing with forms that SOMEONE had started Ttax 2014 and ploughed ahead manually filling in Sched D.

Please, if anyone of you has done this or can guide me back to post in question, let me know.

Else, I'm just going to cave in, ante up the $30 upgrade-to-Premium fee and do what has to be done.

Thanks. AL.