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mmh321
New Member

How do jointly file with a 1040 and 1120S? Home and business is confined to 1040.

 
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DanielV01
Expert Alumni

How do jointly file with a 1040 and 1120S? Home and business is confined to 1040.

They are two separate returns.  To file the 1120S and generate the Schedules K-1 from your S-Corp, you will need TurboTax Business, which is only available in CD (Desktop) software.  Then, you can use the appropriate personal software (Home and Business, Premier, Deluxe, or an online version) in order to prepare the 1040.  Please read this FAQ regarding TurboTax Business:  https://ttlc.intuit.com/replies/3349034

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1 Reply
DanielV01
Expert Alumni

How do jointly file with a 1040 and 1120S? Home and business is confined to 1040.

They are two separate returns.  To file the 1120S and generate the Schedules K-1 from your S-Corp, you will need TurboTax Business, which is only available in CD (Desktop) software.  Then, you can use the appropriate personal software (Home and Business, Premier, Deluxe, or an online version) in order to prepare the 1040.  Please read this FAQ regarding TurboTax Business:  https://ttlc.intuit.com/replies/3349034

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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