PatriciaV
Expert Alumni

Business & farm

Since you live in a community property state, you each file Schedule C on your joint return to report your respective shares of the business activity. Fortunately, your LLC doesn't need to file a separate business return.

 

If you prefer to work in a browser to enter your information, TurboTax Premium is the only option. You need this upgrade to enter business activity.

 

However, TurboTax for Desktop offers some advantages, like the ability to view the forms in your return as you work. Also, you can prepare as many returns as you wish and e-file up to five returns at no additional charge. Any version of TurboTax CD/Download installed on your personal computer has all the forms you need to file your return. The higher levels (like TurboTax Premier) have expanded interviews and specific On Demand Guidance in the program that you may find helpful.

 

Note that there are additional charges in all versions of TurboTax for preparing and filing a state income tax return.

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