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Level 2
June 6, 2019
Solved

I am going to do my own taxes this year. Just want to make sure I get the right software to handle all my needs.

  • June 6, 2019
  • 4 replies
  • 11 views

I need to file for an S-Corp this year.  For this I intend to get Turbo Tax business.    I also need to deduct expenses for my wife that is self employed doing some real estate and received a 1099.    Can i get Turbo Tax home and business for this?    

If I get both these programs will they cover all my needs which is an S-Corp, a self employed person as well as do our personal taxes? 

    Best answer by

    Yes, you are correct.  TurboTax Business will take care of the S Corp and TurboTax Home & Business will handle the self employment income and any other personal income & deductions.

    4 replies

    Answer
    June 6, 2019

    Yes, you are correct.  TurboTax Business will take care of the S Corp and TurboTax Home & Business will handle the self employment income and any other personal income & deductions.

    VolvoGirl
    Level 15
    June 6, 2019
    Yes.  That's right.  BUT you can not install Turbo Tax Business on a Mac and not online.  It's only available for Windows.  Do you have access to a Windows pc?

    Actually for your personal return with schedule C for self employment any Desktop program will work so you can buy a lower version.  You just get more help in Home & Business.
    mjbnetdevAuthor
    Level 2
    June 6, 2019
    Thanks for the heads up.  I have a Mac but also have windows 7 as a virtual machine.  Not ideal but will work.     Its worth it to me to get the more help in Home & Business (time is money) (so is aggrevation)