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bcmansour
New Member

I have an s-corp and a w-2. Which product(s) do I need?

 
5 Replies
TomYoung
Level 13

I have an s-corp and a w-2. Which product(s) do I need?

You will need to use TurboTax "Business", (not "Home & Business"), to prepare the Form 1120S for the S-Corp and the Schedule K-1 you need for your personal income tax return.  TTBusiness is only available for Windows desktop, it's not available online.  You'd then need "Premier" or above in TurboTax's online products to complete your personal income tax return.  If you use a desktop product Deluxe should work.

Tom Young

bcmansour
New Member

I have an s-corp and a w-2. Which product(s) do I need?

So if I use the "Business" product to prepare my business returns, I will NOT need the "Small Business" product when preparing my personal returns, is that correct?
TomYoung
Level 13

I have an s-corp and a w-2. Which product(s) do I need?

You're an employee of your S-Corp - right?  You're not "self employed".
bcmansour
New Member

I have an s-corp and a w-2. Which product(s) do I need?

That's correct.
TomYoung
Level 13

I have an s-corp and a w-2. Which product(s) do I need?

Then you can use the small business product (TT Home & Business or TT Self-Employed), but it's not necessary.
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