boo6058
New Member

Own a multi member llc with wife.do i buy regular tt for personal taxes and then also buy tt business 2016 for llc?Do I need to buy 2 different softwares?

 
WillK
Intuit Alumni

Get your taxes done using TurboTax

You will need to get two different Turbo Tax products, one for the business and one for your personal return.

For the business return: https://turbotax.intuit.com/small-business-taxes/. Once you file the 1065 (multimember LLC) return a Schedule K-1 will be generate for each member, which will need to be reported on their personal return. 

For your personal return: https://turbotax.intuit.com/personal-taxes/online/. You will need Turbo Tax Premier to report the K-1 from the business on your personal return. 

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