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

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

 
5 Replies
Level 12

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

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?
Level 12

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".
New Member

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

That's correct.
Level 12

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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