If you are using the desktop version, you can use any version; they will all allow a Schedule C. You get more guidance with the higher level versions.
For TurboTax Online, you will need Premium if you want to report business expenses on Schedule C. You can use Deluxe or possibly the Free edition if you don't have any business income or expenses.
- If your LLC is a single-member LLC, you only need one product:
- a personal edition, TurboTax Premium if using TurboTax Online.
- If your LLC is a multi-member LLC, you will need 2 products:
- the business product, TurboTax Business AND
- a personal edition, TurboTax Premium if using TurboTax Online.
Check this chart to see what TurboTax Online version you need based off the tax forms you have to report.
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