If you have a Single-Member LLC, you can prepare your tax return using the individual software. If however, your LLC has more than one member, you would need to prepare a business return first. Then, the LLC will issue a Schedule K-1 which would be reported on your personal return.
For a Single-Member LLC, you can prepare your personal and business return using TurboTax Desktop Home & Business. If you are preparing your personal tax return using TurboTax Online, simply answer the questions as prompted to enter your LLC information. Follow the directions in this link to enter your W-2 wage information.
If your LLC has more than one member, you can use TurboTax Business to prepare the LLC return. TurboTax Online has the option to prepare these returns with live assisted help or you can use the downloaded software.
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