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Business & farm
If you choose to use TurboTax to complete a S Corp tax return, Form 1120S, you will need to purchase the Business Edition. The Business Edition can only be installed on a Windows based personal computer, not on a Mac or online. The Business Edition cannot complete a personal tax return, Form 1040.
Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/
June 1, 2019
12:59 PM
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Business & farm
So you will need to use 2 programs. The Business program for the S corp and then a personal program, Deluxe or above. If you use the Online browser version for your personal return you will need to use Premier or Home & Business to enter a K-1 you get from the S corp.
June 1, 2019
12:59 PM