Can I use Turbo Tax Business repeatedly or does each entity need its own software

[SweetieJean]

Are you a tax preparer?

[delenakibbe]

I guess I am, just for work though. 16 different companies.  I'm struggling...  My question is, how do I report the transfers of funds from company a to company b.. and pay back

[SweetieJean]

If you are paid to prepare returns, you cannot use TT. See this instead:
<a rel="nofollow" target="_blank" href="https://proconnect.intuit.com/?s_cid=TT.com_MoreProds-Footer_ProTaxSoftware">https://proconnect.intu...>

[delenakibbe]

LOL   FAMILY BUSINESS!

[delenakibbe]

THAT IS NOT MY QUESTION

[SweetieJean]

TT Business is not really designed to do 16 tax returns....as 5 is the max you can efile.
@Lisa995  Can you help?

[Lisa995]

I've never used the TT Business program, sorry.  Generally someone with so many business interests would be using a tax professional with software capability past what TurboTax can handle.

[VolvoGirl]

Yes the Business program can do all the Federal returns (for that year).  Like 1120, S corp, 1065 and 1041.

FOR STATE
Preparing state tax returns for more than one business?
When they are the same types of businesses (such as two S Corps) and file taxes in the same state, buy one state product and use for all at no extra charge. Business State efile included.

When they are the same types of businesses (such as more than one LLC), but file taxes in different states, buy one product per state for $49.99. Business State efile included.

When they are different types of businesses (such as an S Corp and a partnership) and file taxes in the same state, purchase one product for each business type for $49.99 per each business type. Business State efile included.

[TomK]

E-file Business Returns

• Free Federal E-file Included — Free e-file of your federal tax return is included with your purchase of TurboTax Business and Business State products (sold separately).
• E-file Multiple Returns — Prepare and e-file up to five (5) federal tax returns at no additional cost. (This is the maximum returns limit set by the IRS.)