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Can I use TurboTax Business to file my personal taxes or do I have to buy a separate TurboTaxHome/Busniess

I have an LLC but also have to file my personal taxes
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Belling
New Member

Can I use TurboTax Business to file my personal taxes or do I have to buy a separate TurboTaxHome/Busniess

TurboTax Business does not handle the preparation and filing of personal returns. You would need TurboTax Home & Business or any other version of TurboTax, in order to prepare and file your individual tax return Form 1040.

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5 Replies
Belling
New Member

Can I use TurboTax Business to file my personal taxes or do I have to buy a separate TurboTaxHome/Busniess

TurboTax Business does not handle the preparation and filing of personal returns. You would need TurboTax Home & Business or any other version of TurboTax, in order to prepare and file your individual tax return Form 1040.

Keirsten1
New Member

Can I use TurboTax Business to file my personal taxes or do I have to buy a separate TurboTaxHome/Busniess

So if I have an S Corp, I need to use Turbotax Business to do my business taxes, then use that information on Turbotax Home and Business to complete my personal taxes? 

MichelleLO
Intuit Alumni

Can I use TurboTax Business to file my personal taxes or do I have to buy a separate TurboTaxHome/Busniess

That is correct. For more information about TurboTax CD/Download Products, please see: 2021 TurboTax CD/Download Product Guide

@Keirsten1

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Alison
New Member

Can I use TurboTax Business to file my personal taxes or do I have to buy a separate TurboTaxHome/Busniess

Am I understanding this correctly, I would need to purchase two separate TurboTax programs, the Business so I could do my S Corp return and Home for my personal return? That just doesn't seem right to have to make two separate purchases.

AnnetteB6
Employee Tax Expert

Can I use TurboTax Business to file my personal taxes or do I have to buy a separate TurboTaxHome/Busniess

That is correct.  

 

TurboTax Business would be needed to prepare and file Form 1120-S for S-Corp taxes.  Then, one of the personal versions of TurboTax would be needed to prepare and file your personal Form 1040.  They are two separate software packages.

 

@Alison  

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