bcmansour
New Member

I have an s-corp and a w-2. Which product(s) do I need?

 

Get your taxes done using TurboTax

You will need to use TurboTax "Business", (not "Home & Business"), to prepare the Form 1120S for the S-Corp and the Schedule K-1 you need for your personal income tax return.  TTBusiness is only available for Windows desktop, it's not available online.  You'd then need "Premier" or above in TurboTax's online products to complete your personal income tax return.  If you use a desktop product Deluxe should work.

Tom Young

bcmansour
New Member

Get your taxes done using TurboTax

So if I use the "Business" product to prepare my business returns, I will NOT need the "Small Business" product when preparing my personal returns, is that correct?

Get your taxes done using TurboTax

You're an employee of your S-Corp - right?  You're not "self employed".
bcmansour
New Member

Get your taxes done using TurboTax

That's correct.

Get your taxes done using TurboTax

Then you can use the small business product (TT Home & Business or TT Self-Employed), but it's not necessary.