Can I file a Tax Return for an S Corporation using TurboTax, Form 1120S?

[bwa · Accepted solution]

To prepare a corporate, trust or partnership return you would need the TurboTax Business version. This is a separate program from TurboTax Home and Business. TT Business is a program only available for desktop use (there is no on-line version.)  See https://turbotax.intuit.com/small-business-taxes/ to purchase a copy of that program.

Business will prepare Forms 1120-S for S-Corporations, Forms 1120 for C-Corporations, Forms 1041 for Estate or Trusts, and Forms 1065 for Partnerships.

To prepare a personal return, depending on its complexity, you will need a version that prepares Forms 1040 such as Deluxe, Premier, Home and Business, etc. If you have a Schedule K-1 from either a Form 1120-S, Form 1065 or Form 1041 you will need either the Premier version or (if you also have an unincorporated business) the Home and Business version.