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We own a LLC. I also have W2 income. I JUST purchased Turbo Tax Business 2016 and entered our business details. I don't see where to enter my W2 income, nor our 1098-E??

Please advise if I am using the wrong version of turbo tax or if I'm missing where my W2 income and 1098-E deductions should be entered in turbo tax business 2016.

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bwa
Alumni
Alumni

We own a LLC. I also have W2 income. I JUST purchased Turbo Tax Business 2016 and entered our business details. I don't see where to enter my W2 income, nor our 1098-E??

Has the llc multiple partners or elected to be a corporation?

If not, TTBusiness is not the program to use, as the llc would be a disregarded entity.  As a disregarded entity, it would be reported as self-employment income on your personal return.  For an on-line program, Turbotax Self-Employed would be necessary (or a desktop program such as Deluxe or above.)

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4 Replies
bwa
Alumni
Alumni

We own a LLC. I also have W2 income. I JUST purchased Turbo Tax Business 2016 and entered our business details. I don't see where to enter my W2 income, nor our 1098-E??

Has the llc multiple partners or elected to be a corporation?

If not, TTBusiness is not the program to use, as the llc would be a disregarded entity.  As a disregarded entity, it would be reported as self-employment income on your personal return.  For an on-line program, Turbotax Self-Employed would be necessary (or a desktop program such as Deluxe or above.)

We own a LLC. I also have W2 income. I JUST purchased Turbo Tax Business 2016 and entered our business details. I don't see where to enter my W2 income, nor our 1098-E??

Thank you. Do you know if Turbo Tax will refund the $149 I JUST paid today to download Turbo Tax business. I assume NOT, but worth the ask.
bwa
Alumni
Alumni

We own a LLC. I also have W2 income. I JUST purchased Turbo Tax Business 2016 and entered our business details. I don't see where to enter my W2 income, nor our 1098-E??

It's worth a shot to ask.  Perhaps they would at least provide the Self-employed version at no cost.  I would try.

See how to get a telephone number for TurboTax Support here <a rel="nofollow" target="_blank" href="https://support.turbotax.intuit.com/contact/">https://support.turbotax.intuit.com/contact/</a> . Once you enter a description of the problem, select "call" from the next page. (Do not enter the word "refund" for the description - it will take you to a where's my refund page. If asking about a product refund, use a term such as rebate or allowance.)
(Note:  Telephone numbers are only given when TT support is open.  See this URL for hours of operation.  <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/1899263">https://ttlc.intuit.com/questions/1899263</a>

We own a LLC. I also have W2 income. I JUST purchased Turbo Tax Business 2016 and entered our business details. I don't see where to enter my W2 income, nor our 1098-E??

Thank you!!!
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