We own an S corp but we already filed the business returns. We just need to use Turbo Tax to file our personal tax return with the K1. Is is really $489 for that?

[JamesG1]

Reporting of a K-1 income from your Sub S corporation may be reported on TurboTax Online Premium version.

This comparison shows that TurboTax Online Premium will file Schedule K-1 income from an 1120S tax return.  Scroll down the left side to view.

 

TurboTax Desktop Premier and Home and Business will also report Schedule K-1 income from an 1120S tax return.  See here.

[VolvoGirl]

Where do you see $ 489?  You only need Online Premium to enter a K-1 in your personal return.  Premium is $89 currently on sale $71.20

https://turbotax.intuit.com/personal-taxes/online/premium 

Or you can buy any of the CD/Download Desktop programs.  All Desktop programs have the same forms, you just get more help in the higher versions.

https://turbotax.intuit.com/personal-taxes/cd-download 

[VolvoGirl]

$489 is to use the LIVE Assisted Business program to prepare the business return, not your personal return.  And LIVE Assisted or LIVE Full Service Business service is separate from the Desktop installed Business program which is only $144 here,  https://turbotax.intuit.com/small-business-taxes/cd-download

[Mike9241]

that's for assisted business online. if you need the help to prepare the corp return.

there is also the Turbotax business for desktop PC's (no MACs)  disc (you need a CD drive)  $144. download from various sites $119 state extra. 64 bit windows operating system

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