Updated on January 20th, 2016: After last year’s fiasco where Turbotax surprised everyone and removed Schedule C Forms from the CD versions on the software, we’re happy to report that they are all back for 2016 (that is, in the 2015 tax-year versions of the software), including all those sold directly at Intuit and all those you’ll find sale priced at Amazon. That means all desktop version of Deluxe include full Schedule C, without any Misc Expenses limitations, and all the usual forms you’re used to from year’s past.
But where things get confusing is in the online version Turbotax Deluxe. That’s because even though it carries the same name as desktop/cd version, in 2016 it does not include full Schedule C (you’ll have a $100 limit in Misc. expenses before it requires to to upgrade to the Home & Business version). Remember, for investors and small business owners, the online version of TurboTax Deluxe also does not support Schedule D,E,F, or K-1 forms.
Here’s a complete look at the forms included in each of the versions:
So that’s why we recommend that you first see what forms you need before you purchase your tax software because in some cases you’ll be able to file for less using the desktop version or vice versa. Of course you can see a full page of TurboTax discounts now available to help you save even more (we update the page with our favorite TurboTax offers daily!).