turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

J3RM
Returning Member

I have a full time W2, but also have an LLC. Which TurboTax version do I need?

Hi,

 

I'm really unsure if my typical choice of using Deluxe will work to file my Texas W2, or if I need to use Self-Employed.

 

My LLC is just me and I started in maybe October 2021 to resell and flip items. Honestly, did not make much profit or any at all before end of the year.

 

I do want to report expenses that I purchased for the LLC and report depreciation/losses as well.

 

My main income is from my full time job and my LLC is just a side business for extra income. Thank you for any help and tips you can provide.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
FangxiaL
Expert Alumni

I have a full time W2, but also have an LLC. Which TurboTax version do I need?

You need to file your taxes with the TurboTax Self-Employed edition. You can report your business income and expenses on a Schedule C of Form 1040. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
J3RM
Returning Member

I have a full time W2, but also have an LLC. Which TurboTax version do I need?

As well as file my W2 and dependent too, correct?

ColeenD3
Expert Alumni

I have a full time W2, but also have an LLC. Which TurboTax version do I need?

Yes, the self-employed version will handle everything.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question