I sold investments in a taxable account in 2013, include shares from an employee stock purchase plan (ESPP). I have always used TurboTax and am planning to again, but I'm trying to decide which version. I have state income taxes so getting at least Deluxe makes sense. I am debating between Deluxe and Premier though.
On the TurboTax website it says:
Get help accurately reporting investment sales
We'll walk you through reporting sales of stocks, bonds and mutual funds. We'll automatically calculate capital gains/losses and keep track of those that carry over to future tax returns.
Can anybody explain what exactly that includes? I know all my cost basis so calculating capital gains/losses should be pretty straightforward. I don't have over $3K in capital losses but if I did would TurboTax Deluxe not automatically carry that over to next year?
Get help with employee stock plans
Sold employee stock? We automatically determine your correct basis for shares purchased at different times or different prices.
Same general question here, what does this include? My W-2 shows the amount of my ESPP discount and hopefully my 1099 from my brokerage will correctly report my cost basis without the discount as per this question. So is it any more complicated than any other investment sale?
When is it worthwhile to spend the extra money on TurboTax Premier over Deluxe?