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I have an s-corp and a w-2. Which product(s) do I need?
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June 1, 2019
8:23 AM
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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
June 1, 2019
8:23 AM
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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?
June 1, 2019
8:23 AM
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Get your taxes done using TurboTax
You're an employee of your S-Corp - right? You're not "self employed".
June 1, 2019
8:23 AM
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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.
June 1, 2019
8:24 AM