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I use turbo tax business,an S corp, do I need turbo tax deluxe or small business for my personal taxes
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I use turbo tax business,an S corp, do I need turbo tax deluxe or small business for my personal taxes
For reporting the S Corp tax return you would need to purchase the TurboTax Business Edition. The Business Edition can only be installed on a Windows based personal computer, not on a Mac or online. The Business Edition cannot complete a personal tax return, Form 1040. Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/
For your personal tax return and to report the Schedule K-1 received from the S Corp you can use any of the TurboTax desktop editions. Go to this website for the desktop CD/Download editions - https://turbotax.intuit.com/personal-taxes/cd-download/
If you choose to use the TurboTax online editions for your personal tax return, then you would need either the Premier or Home and Business edition for your tax return and to report the Schedule K-1. Go to this website for the online editions - https://turbotax.intuit.com/personal-taxes/online/
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