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March 18, 2022
Question

Will premier edition accommodate incomes below 25000 $ apparently not. what can be done to work around that?

  • March 18, 2022
  • 1 reply
  • 0 views
Premier Edition states that it does not accommodate incomes under 25K surly there must be a workaround

    1 reply

    TurboTaxSusan
    March 24, 2022

    If you are using TurboTax Premier CD/Download, any returns that you prepare for a taxpayer with a net individual income under $25,000 will not count towards the 12 returns that you have paid for. However, if you NETFILE the return, it will still count towards the CRA's limit of 20 returns that can be filed online.
     

    If you are using TurboTax Premier Online, then there is no income limit. You pay per return regardless of what the net income of the taxpayer is.