RIght TurboTax product when business has changed
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
Level 1

RIght TurboTax product when business has changed

In 2018 I ran my business full time and used TurboTax self employed. I'm wondering if I use the same software with the following changes:

 

Dec 2018 I accepted a full time W2 position and kept running my consulting business on the side for 2019. For 2019 I took in 6,000.00 (this varies year to year) approximately less than 10% of main income and had business expenses.

 

This year I started using the same self employed TurboTax self employed product as last year, and it did ask me about a W2 which I added.

 

I'm almost finished but I wondered if I was supposed to use self employed software version if my W2 job was my main source of income?

 

Thank you!

3 Replies
Level 3

RIght TurboTax product when business has changed

TurboTax Self Employed will accommodate both business and W-2 income.  You'll note business income is separate from all other types of income (Personal).  This is the most comprehensive Tax Software Version for Online Turbo tax Users.

Level 1

RIght TurboTax product when business has changed

Thank you, sounds like I keep using this one moving forward.

Level 3

RIght TurboTax product when business has changed

Yes indeed...You are on the right track!

Dynamic Ads
v
Privacy Settings