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NeilLott
Level 2
December 15, 2024
Question

Which Windows Turbotax Deskop I need to purchase for 2024 Tax Year?

  • December 15, 2024
  • 2 replies
  • 41 views

Question Answered -- Thank you!

    2 replies

    taxlady28
    Level 10
    December 15, 2024

    TurboTax Home and Business

      rjs
      Level 15
      rjsLevel 15
      Level 15
      December 15, 2024

      You do not file a separate tax return for a single-member LLC that has not elected to be treated as an S corp. The LLC is disregarded for income tax purposes. You report the side business on Schedule C included in your personal tax return. The business loss will offset some of your W-2 income.


      I agree that TurboTax Home & Business would be the best desktop product for you.

       

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