Can I use a version of TurboTax not equivalent to Business & Rental Property?
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Rod F.
Quicken Windows Subscription Member ✭✭
I use the Business and Rental Property version of Quicken, because I have a side business. It seemed the best thing for me to use. I did work last year (2019) for a client, but he hasn't yet paid me, so for 2019's income tax I'm not sure if I should use the version of TurboTax that one would normally use, when using Quicken Business & Rental Property, or if I should go with a lower version. I'm asking here for your advise, please.
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If the client hasn't paid, it isn't 2019 income.A lower version of TTAX should work for you ... unless you have OTHER business income or expenses ... because the expenses WOULD be 2019 tax items.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP1
Answers
-
If the client hasn't paid, it isn't 2019 income.A lower version of TTAX should work for you ... unless you have OTHER business income or expenses ... because the expenses WOULD be 2019 tax items.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP1
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