I've always found the TurboTax Basic CD version good enough for doing my taxes and handling the capital gains and losses from my mutual fund accounts, K-1 worksheets, etc. This year I bought a rental property and will need to do Schedule E, supplemental income and loss from rental real estate. I don't have all my tax information yet, but I did some preliminary work on my taxes and TurboTax Basic took me through the Q&A for Schedule E and calculated the depreciation amount for my rental.
TurboTax keeps prompting me to upgrade to Premier for an additional $60. It promises additional help in maximizing 350+ deductions and credits and says it will help me uncover additional rental property deductions and credits. I wonder if this is true, or is it just a bunch of bells and whistles that won't really provide any real additional benefit?
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