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I use TurboTax Premier for investment income, but need to also report self employment income and expenses - can I use one product for both?
My husband and I have investment income and use TurboTax Premier to file our tax return. This year we started an LLC that is being taxed as an S-Corp and so I understand that I would need TurboTax Business to file the 1120-S form. However we also need to report the income, expenses, and self employment taxes associated with the business on our individual return along with the investment income. I read that in order to claim expenses for the business, we would need the Home and Business product. Do I really need to buy 3 different products to handle our situation (Business for the S-Corp, Premier for the investment income and Home and Business for the business expenses)?
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‎June 4, 2019
8:11 PM