Do Turbotax Home and Business and Tubotax Busines...
New Member

Do Turbotax Home and Business and Tubotax Business interface?

We have, in the last two years gone from a Sol Proprietorship to LLC. Why doesn't Turbotax information regarding vehicle depreciation carry over?

This widget could not be displayed.
Level 15

Business & farm

Sorry they don't sync or import or export to each other.  You can't transfer from one into the other.  2 different programs.  You will have to enter everything again into the Business program and set up the assets again.

What kind of LLC?  If it is a Single Member LLC that has not elected to be an S corp you still report it on schedule C in your personal tax return.

This widget could not be displayed.
Privacy Settings