My wife has a single person LLC and her accountant does those taxes for her.
She also has W2 income (as do I) and we file jointly. Otherwise, we have a simple tax situation no other income except for stocks.
I plan to do our personal taxes this year but am a little confused if I need the Home & Business version or not.
Last year, her accountant did our personal taxes too (but $900+ feels too much) so I see several forms that I will need guidance with:
7203 S Corporation Shareholder Stock and Debt Basis Limitations
8995 Qualified Business Income Deduction Simplified Computation
It is my hope that the app can guide me where on her business taxes I can get those values.
Thanks for help and guidance.
