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juvemar76
New Member

Can I use Turbotax self-employed, if I have recently formed a PLLC (professional LLC), or do I need to use another program? What else should I know?

 
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IreneS
Expert Alumni

Can I use Turbotax self-employed, if I have recently formed a PLLC (professional LLC), or do I need to use another program? What else should I know?

Yes, if your LLC is a single-member LLC. 

If it is organized as a partnership or S-Corp you will have to use TurboTax Business to prepare a 1065 or 1120-S return.


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1 Reply
IreneS
Expert Alumni

Can I use Turbotax self-employed, if I have recently formed a PLLC (professional LLC), or do I need to use another program? What else should I know?

Yes, if your LLC is a single-member LLC. 

If it is organized as a partnership or S-Corp you will have to use TurboTax Business to prepare a 1065 or 1120-S return.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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