Hi, Al.
I've been using TurboTax BASIC for several years now and have never had problems reporting my investment transactions with it.
We can use Basic in Texas since it is one of the few states that do NOT have a STATE income tax.
Intuit's website doesn't show TT Basic - at least, not prominently. (I haven't found it yet, but I haven't looked very hard.) And in the stores (Office Depot, Best Buy, etc.), it often is not displayed on the shelf - but they probably will go into the back room and get it for you if you ask. One reason they might not display it on the shelf or on the website is that many buyers might opt for it to save money - and then complain when they realize that they need the State return.
Remember, Intuit MUST include all that we need to file a complete return, even in the bottom-level product. They can add "bells and whistles" to their higher-priced products, but if an essential element is missing from Basic, Intuit would be faced with lots of complaints and maybe some lawsuits.
I've not yet seen TurboTax for 2014 returns, but my guess is that the product lineup has not changed that much from recent years.
Remember that I've been retired for over 20 years, so be sure to check with your own CPA for current rules.
RC
-- -- R. C. White, CPA San Marcos, TX (Retired. No longer licensed to practice public accounting.) snipped-for-privacy@grandecom.net Microsoft Windows MVP (2002-2010) (Using Quicken Deluxe 2015 R3 and Windows Live Mail in Win8.1 x64)
Holy bean counting!
Just looked into Intuit website to search for TT 2015 (for tax year 2014). I have used Deluxe "forever" & Deluxe Fed-noState for 10 years or so.
SO?
Now I find out (or think I have) that investment stuff (Schedule D) - and other stuff too - are not in Deluxe, but require purchasing Premier...
... at a hefty increase from traditional Deluxe. Yikes! Oy! Ay-ay-ay!
Please tell me I'm wrong. Please?