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New Member
posted Jun 4, 2019 2:21:57 PM

Will Turbotax "Self-employed" handle an LLC or do I have to go with "Business"?

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1 Best answer
New Member
Jun 4, 2019 2:21:59 PM

It can support a LLC as long as its a single member LLC. For multi member LLC you would need the TurboTax Business product.

A link to our Business software https://turbotax.intuit.com/small-business-taxes/


2 Replies
New Member
Jun 4, 2019 2:21:59 PM

It can support a LLC as long as its a single member LLC. For multi member LLC you would need the TurboTax Business product.

A link to our Business software https://turbotax.intuit.com/small-business-taxes/


New Member
Jun 4, 2019 2:22:01 PM

To file a return for a partnership/multi-member LLC (Form 1065), you'll need TurboTax Business. You'll then need to submit a 1040, 1040EZ, or 1040A for your personal taxes. 

However, if you're in business for yourself and haven't incorporated or created an LLC, use TurboTax Self-Employed instead. This program will prepare the Schedule C for your business as well as the right 1040 form for you.