Turbotax Business

[DM1945]

I am thinking of trying to use Turbo Tax Business this year to file for a multi member LLC. I understand that I will also need to purchase a consumer version of Turbo Tax for our personal taxes. Question: Does the business version of Turbo Tax guide the user through questions like the consumer oriented versions? Can data from the business version be shared with the personal versions?

[VolvoGirl · Accepted solution]

Turbo Tax Business  is not available to do online or on a Mac.  You can buy the Window's version here.  And you can have both TT Business and TT Home & Business (or any personal version) installed on  your computer at the same time.

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

[AnthonyC]

Yes, you will find that TurboTax Business is laid out quite similarly to other TurboTax products in its interview features.  While it is a business program, so its designed for more advanced use, it will walk you through all the relevant sections with questions through a similar interview process that you experience in personal.

The business version does not currently directly share data with the personal version.  But, it will create the necessary forms (K1 likely) that you would need to then enter yourself into your personal version.