Can we use TurboTax Business to file our taxes?
Yes, you can. To prepare a corporate, trust or partnership return you would need Turbotax Business. This is a separate program from Turbotax Home and Business. TT Business is a program only available for desktop use (there is no on-line version.) See http://turbotax.intuit.com/small-business-taxes/
Turbotax Business will prepare
Form 1120-S for S-Corporations
Form 1120 for C-Corporations
Form 1041 for Estate or Trusts, and
Form 1065 for Partnerships
To prepare a personal return, depending on it's complexity, you will need a version that prepares Forms 1040 such as Deluxe, Premier, Home and Business, etc. If you have a Schedule K-1 from either a Form 1120-S, Form 1065 or Form 1041 you will need either the Premier version or (if you also have an unincorporated business) the Home and Business version.
