topic Re: Filing with LLC in Get your taxes done using TurboTax

Filing with LLC

kamcclaine — Wed, 11 Feb 2026 06:36:18 GMT

This will be my 6th year with TurboTax and in 2023, I created a LLC in the state of Arizona where I reside and work.

Can I file my personal taxes along with my business using TurboTax?
Which TurboTax product will I need to purchase?
TurboTax products are included in my MelLife Legal Plan, what is my direct cost for the product I need to use if I am filing my LLC?

Re: Filing with LLC

Anonymous_ — Thu, 07 Mar 2024 00:47:40 GMT

If it's a single-member LLC, it's a disregarded for federal income tax purposes and you can use any desktop version of TurboTax or TurboTax Premium ~~Self-Employed~~ if you want to prepare your return online.

Re: Filing with LLC

RobertB4444 — Thu, 07 Mar 2024 00:43:35 GMT

1. Yes.

2. At least Home and Business.

3. If your LLC is just done on a schedule C your Metlife deal should cover it.

@kamcclaine

Re: Filing with LLC

VolvoGirl — Thu, 07 Mar 2024 00:45:02 GMT

The Online version you need is now called Premium. Premium replaced both Premier and the Self Employed versions

Re: Filing with LLC

kamcclaine — Thu, 07 Mar 2024 00:47:41 GMT

Is a Schedule C used when the LLC is for single-employee, which is me?

Re: Filing with LLC

Anonymous_ — Thu, 07 Mar 2024 00:48:15 GMT

@VolvoGirl wrote:

The Online version you need is now called Premium. Premium replaced both Premier and the Self Employed versions

Thanks. I keep losing track of these product names.

Re: Filing with LLC

Anonymous_ — Thu, 07 Mar 2024 00:48:40 GMT

@kamcclaine wrote:

Is a Schedule C used when the LLC is for single-employee, which is me?

Yes.

Re: Filing with LLC

VolvoGirl — Thu, 07 Mar 2024 00:51:43 GMT

@kamcclaine wrote:
Is a Schedule C used when the LLC is for single-employee, which is me?

Yes unless your LLC is a Single Member LLC that elected to be an S Corp. then you need a separate Business program to file a 1120 S return.

Re: Filing with LLC

KrisD15 — Thu, 07 Mar 2024 01:07:36 GMT

Not entirely true.

"Is a Schedule C used when the LLC is for single-employee, which is me?"

No, Schedule C is used when the LLC is for SINGLE OWNER, which is you.

You would not be an employee, you would not get a W-2.

You COULD have employees, but you would not be one.

You COULD do the work, but you don't get paid as an employee, you get to keep the profit from the LLC.

If you are paid as an employee and get a W-2, this would not be reported on Schedule C.

@kamcclaine

Re: Filing with LLC

Anonymous_ — Thu, 07 Mar 2024 01:24:07 GMT

Hopefully, @kamcclaine knows better than to issue a W-2 (or other tax reporting statement) to the sole member of the LLC (who will be filing a Schedule C).