Which TurboTax Live version should I pick for my personal return if I was part of a partnership (multi-member LLC) with unreimbursed business expenses?

[AbcxyzTT]

The partnership return will be prepared by a tax professional.  Our partnership agreement requires partners to pay some business expenses without reimbursement. 

I would like some help on my personal return since I'm new to entering the K-1 and unreimbursed expenses.  Which version is best for this scenario, given that I may have a couple of questions to ask Live regarding the unreimbursed partnership expenses (I believe I'll need Schedule E)?

[xmasbaby0]

If you have a multi-member LLC then you need TurboTax Business which is only available as a desktop software--there is no "Live" version.  "Live" is only a feature of online TurboTax.

Further, TT Business can only be installed on a Windows PC--not to a Mac.

https://turbotax.intuit.com/small-business-taxes/

[AbcxyzTT]

Oh, I should have specified.  The partnership return will be prepared by a tax professional.  I would like some help on my personal return since I'm new to entering the K-1 and unreimbursed expenses.  Which version would be appropriate for that scenario?

[Hal_Al]

In the online versions, you will need TT "Self Employed".

For desktop, use Deluxe or higher (Premiere or Home & Business).

[Critter · Accepted solution]

Since you will get a K-1 you need the Premier or better if you use the ONLINE version ... or you can use any of the Downloaded versions. 

READ the interview screens carefully for UPE ...

[Critter]

[Critter]

@Hal_Al @xmasbaby0 

When is the option to add a screenshot going to be fixed ?? 

[xmasbaby0]

@Critter I don't think they have said much except that it is on some "list" for Khouros to fix.   It is probably low priority since they are working on migration for Canada.

[hinklebl]

I am filing form 1065 and I am the operating manager and my partnership  is in an revocable trust.  The partnership will not allow me to be the tax representative. 

[Irene2805]

When you enter the information from your K-1, TurboTax will automatically flow the information to Schedule E, page 2.

You can enter expenses related to the K-1 in the K-1 entry interview.  To do this follow these steps:

1. Click on Federal > Wages & Income
2. In the Business Investment and Estate/Trust Income section click on the box next to Schedule K-1.
3. Click Yes on the next screen, Did you receive any Schedules K-1?
4. On the Tell Us About Your Schedules K-1 screen.  Click on the Start/Update box next to the type of entity that issued the K-1 (S-Corps, Partnerships, Trust/Estate).
5. If you have already entered K-1 information, you will see a Summary screen.  Click Edit to continue with the existing form entry
6. Continue through the screens until you reach Describe the Partnership.
7. On this screen mark the box I am required to pay supplemental business expenses on behalf of this partnership/LLC for which I am not reimbursed. and click Continue.
8. On the next screen, Unreimbursed Partnership Expenses, click the blue Yes box.
9. Continue through the screens, entering any expenses incurred.

@FixinToFile

I'm not sure what you're asking.  As a general partner/operating manager you can't indicate in TurboTax that you are the Tax Matters partner?

@hinklebl