I need to have a non profit homeowners association return done can you help with this

Level 15

Mar 12, 2024 10:52:42 AM

TurboTax Business is a tax software designed for various business entities, including partnerships, S Corporations, C Corporations, multi-member LLCs, trusts, and estates. If you need to file Form 1120-H, which is specific to Homeowners’ Associations (HOAs), TurboTax Business can indeed handle it ¹. However, please note the following details:

Form 1120-H: This form is used by HOAs to report their income and expenses. While TurboTax Business includes support for Form 1120-H, it’s essential to be aware of the following:
- The form must be prepared primarily in Forms Mode, meaning there is minimal Step-by-Step guidance.
- You’ll need to enter the relevant information manually, guided by the form itself.
Platform Compatibility:
- TurboTax Business can be installed on Windows-based personal computers but not on Mac or online platforms ².
- If you’re using a Mac, you may need to explore other options or consider using a Windows emulator.