topic I will be receiving a 1099K from my own business, plus a W2, what TurboTax product will work for me? in Get your taxes done using TurboTax

I will be receiving a 1099K from my own business, plus a W2, what TurboTax product will work for me?

linvin — Mon, 23 Feb 2026 10:59:03 GMT

Re: I will be receiving a 1099K from my own business, plus a W2, what TurboTax product will work for me?

Anonymous_ — Tue, 10 Jan 2023 01:48:28 GMT

You can use any TurboTax desktop version, but you will need Self-Employed if you have a business with the typical deductions if you want to prepare your return online.

Re: I will be receiving a 1099K from my own business, plus a W2, what TurboTax product will work for me?

VolvoGirl — Tue, 10 Jan 2023 01:51:28 GMT

Wait, What kind of business entity? Are you self employed or a Single Member LLC? Or do you file a separate Business return and get a W2 and K-1 from the business return? Or did you mean you will receive a 1099K FOR your business (not from)?

Re: I will be receiving a 1099K from my own business, plus a W2, what TurboTax product will work for me?

linvin — Tue, 10 Jan 2023 02:31:01 GMT

Hi VolvoGirl, I meant K1, not 1099k. It's a C Corp filing as an S corp. I will have my business' taxes done by a professional, but I'm used to doing my own personal taxes. This is the 1st year I will get a K1, and I can't tell which TurboTax product to purchase

Re: I will be receiving a 1099K from my own business, plus a W2, what TurboTax product will work for me?

VolvoGirl — Tue, 10 Jan 2023 02:35:50 GMT

OK That's what I thought you meant. The K-1 is the only thing you enter on your personal return for the business. You need to use the Online Premier version to enter a K-1 or any of the Desktop CD/Download programs. All the Desktop programs have the same forms.