I have LLC, does Turbo Tax help with that?

[DoninGA · Accepted solution]

If you are a single member LLC that has not incorporated in your state, the IRS considers the LLC as a disregarded entity and you will use Schedule C to enter your business income and expenses.  The Schedule is to be included with your federal tax return, Form 1040.

You will need to use the TurboTax Premium online edition for your self-employment income and expenses - https://turbotax.intuit.com/personal-taxes/online/premium/

Or you can use any of the TurboTax desktop editions - https://turbotax.intuit.com/personal-taxes/compare/desktop/

If you are a multi-member LLC (Partnership), a S or C corporation, you will need to use the TurboTax Business Edition.  the Business Edition can only be installed on a personal computer, Windows or Mac.  It cannot be used for a personal tax return, Form 1040.

Go to this website to purchase, download and install the Business Edition on a personal computer - https://turbotax.intuit.com/small-business-taxes/cd-download/