You'll need to sign in or create an account to connect with an expert.
You will need TurboTax Business version for corporation and partnership returns. You can find it here https://turbotax.intuit.com/small-business-taxes/
NOTE: TurboTax Business is a Windows-only software program available as a CD or download. There is no online version. It will only handle your business return, not personal return. So you will still need to use a personal version for your personal 1040 tax return.
You will need TurboTax Business version for corporation and partnership returns. You can find it here https://turbotax.intuit.com/small-business-taxes/
NOTE: TurboTax Business is a Windows-only software program available as a CD or download. There is no online version. It will only handle your business return, not personal return. So you will still need to use a personal version for your personal 1040 tax return.
You stated that I need TurboTax Business to prepare returns for estates and trusts. Is that the same software as TurboTax Home and Business, which I purchased and downloaded but do not find any way to prepare 1041s necessary for estates and trusts.
No they are not the same. Home & Business is for personal 1040 returns that need Schedule C for self employment income.
Turbo Tax Business is a separate program from Home & Business. TT Business is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns. Not for self employed independent contractors. Any version of Turbo Tax (except the Free Online edition) will handle a 1099Misc and 1099NEC. You just get more help in the higher versions.
You can buy the personal Home & Business version here…
https://turbotax.intuit.com/personal-taxes/cd-download/home-and-business.jsp
Buy Turbo Tax Business here
https://turbotax.intuit.com/small-business-taxes
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
abarmot
Level 1
David2024
Level 2
rf78801
Level 2
SmallBizFiler
New Member
zookzimmer-yahoo
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.