My wife filed self employed taxes for herself already this year. She now has to file taxes for her single person LLC what turbo tax product should she use?

[work4god2day · Accepted solution]

she already filed her personal taxes for 2020 now she has to file her business taxes for her single person LLC

[VolvoGirl]

Is her Single Member LLC an S Corp?  If not it is a disregarded entity and goes on her personal return on Schedule C.  Then does she have a separate self employment business?  

If she needs to file a business return that should be done first to get the K-1 to enter into her personal return.  Now she might need to amend her personal return.  Did you and her file a Joint return?  Or why are you filing Separate?  Joint is usually the best way to file.

If she needs to file a separate Business return for the LLC, she need Turbo Tax Business.  The small business program (TT Business) is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns and will not do your personal 1040 return.   It  is a separate program from the Desktop Home & Business program or the Online Self Employed version.

Turbo Tax Business  is not available to do online or on a Mac.  You can buy the Window's version here.  And you can have both TT Business and TT Home & Business (or any personal version) installed on  your computer at the same time.

https://turbotax.intuit.com/small-business-taxes

[work4god2day]

THANK YOU YOU HAVE BEEN VERY HELPFUL.