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daryash36
New Member

Which turbo tax program do I use if I own a s corp and my s corp then owns two LLC's

Hi, I own s corp at 100% which my wife and I received W2 from it. For 2020 filing, is there any Turbotax program that I can use to file both S corp tax (1120s) and individual? if yes, what is the name? Self Employed? 

If not and if I have to buy 2 separate programs, which ones should I buy? are they both online version?

Thanks!

Which turbo tax program do I use if I own a s corp and my s corp then owns two LLC's

Sorry you will need 2 programs.  The Business program and a personal version.  For your personal return you can use either the Online Premier or Self Employed Version.  The online Self Employed version is for personal returns that need Schedule C for self employment income (not S corp).  Or buy any of the Desktop CD/Download programs for Windows or Mac.  All the personal Desktop programs have the same forms, you get more help in the higher versions.  

 

You can start an Online return here,
https://turbotax.intuit.com/personal-taxes/online

 

You can buy the personal Desktop CD/Download program now here,
https://turbotax.intuit.com/personal-taxes/cd-download

 

For the S corp you will need to use Turbo Tax Business.

TT Business is not available to do online or on a Mac. You can buy the Windows Desktop program here,
https://turbotax.intuit.com/small-business-taxes

 

Window System Requirements
https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-...

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