Skip to main content
Level 1
June 5, 2019
Solved

Making sure I am using the correct TurboTax online version

  • June 5, 2019
  • 1 reply
  • 1 view
I am self-employed and have my business setup as a single-member LLC, Self-Employed version selected but will it be able to generate and file necessary paperwork for the LLC
Best answer by

A single-member LLC is filed using schedule C on your personal tax return.  

TurboTax Self Employed is the correct software to prepare the schedule C for your LLC.

To get to the input area for your business:

  • Once signed into your account, click on Search at the top of the screen
  • Input "schedule c" into the search box and hit Enter
  • The first link available should be Jump to schedule c - click on this link
  • You will be taken to the screens to enter your income, business information, and expenses

1 reply

Answer
June 5, 2019

A single-member LLC is filed using schedule C on your personal tax return.  

TurboTax Self Employed is the correct software to prepare the schedule C for your LLC.

To get to the input area for your business:

  • Once signed into your account, click on Search at the top of the screen
  • Input "schedule c" into the search box and hit Enter
  • The first link available should be Jump to schedule c - click on this link
  • You will be taken to the screens to enter your income, business information, and expenses