topic I have rental property plus small businesses. Which version of Turbo Tax do I need? in Investors & landlords

I have rental property plus small businesses. Which version of Turbo Tax do I need?

Boyd Yarbrough — Sun, 03 Jan 2021 01:51:30 GMT

Re: I have rental property plus small businesses. Which version of Turbo Tax do I need?

MissMCJ — Sun, 03 Jan 2021 02:08:59 GMT

If the business is a sole-proprietorship, you can use Self- Employed or Home and Business.

If the business is a S-Corp, C-Corp, multi-member LLC or Partnership, then you will need Premier for the rental property and TurboTax Business for the business.

Re: I have rental property plus small businesses. Which version of Turbo Tax do I need?

Critter-3 — Sun, 03 Jan 2021 15:10:15 GMT

If the business is a sole-proprietorship, you can use ANY of the Downloaded/CD versions (Home & Business just gives more assistance if you need it) but if you use the ONLINE version you must use the Self- Employed program.