Carl
Level 15

Business & farm

Just want to provide a bit of clarity here.

Which version of Turbo Tax should be used that allows for Single-member LLC electing to be taxed as a corporation

When it comes to taxes *AND* *ONLY* *TAXES* you have an S-Corp. Period. End of discussion. When talking taxes *AND* *ONLY* *TAXES* referring to it as "LLC taxed as an S-Corp" is a waste of time finding those characters on the keyboard and typing them out.

TurboTax Business (different from Home & Business) is for completing and filing a tax return for a non-living, non-breathing, and separately taxable entities. This includes S-Corp, C-Corp, Partnerships, Multi-member LLCs, Estates and Trusts.

TurboTax Business can not be used to complete and file a personal 1040 tax return of any type, as TurboTax Business does not include that form in the program.

TurboTax Business is not available as an online product or for MACs. It's for the Windows operating system only. You can purchase it at any local authorized retailer or online directly from Intuit at https://turbotax.intuit.com/small-business-taxes/