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Business & farm
Did you set up the LLC as a S corp? Then you need to file a separate Business 1120S for it. You will get a schedule K-1 from the 1120 return to enter into your personal return. So you have to prepare the business return first.
Turbo Tax Business is not available to do online or on a Mac. You can buy the Window's version here. And you can have both TT Business and TT Home & Business (or any personal version) installed on your computer at the same time.
<a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/small-business-taxes">https://turbotax.intuit.com/small-business-taxes</...>
But you don't seem to be sure it's an S Corp. you probably should go to an accountant the first year to get started right. If it's not a S Corp and only a single member LLC you file it as self employment on schedule C in your personal 1040 return. You will need to use the Self Employed version .
Turbo Tax Business is not available to do online or on a Mac. You can buy the Window's version here. And you can have both TT Business and TT Home & Business (or any personal version) installed on your computer at the same time.
<a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/small-business-taxes">https://turbotax.intuit.com/small-business-taxes</...>
But you don't seem to be sure it's an S Corp. you probably should go to an accountant the first year to get started right. If it's not a S Corp and only a single member LLC you file it as self employment on schedule C in your personal 1040 return. You will need to use the Self Employed version .
‎June 6, 2019
8:16 AM