turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I have my personal taxes set up with TurboTax and now need to add an 1120S. Can I do this under the same log-in (account) so my personal and S-corp can interact?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I have my personal taxes set up with TurboTax and now need to add an 1120S. Can I do this under the same log-in (account) so my personal and S-corp can interact?

To complete an S Corp tax return, Form 1120S, you would need to purchase the CD/Download of the Business Edition.  The Business Edition can only be installed on a Windows based personal computer, not on a Mac or online.  The Business Edition cannot complete a personal tax return, Form 1040.  There is no linkage between the Business Edition and any of the TurboTax personal editions.  The Schedule K-1 generated for the S Corp is entered on your personal tax return.

Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/

View solution in original post

1 Reply

I have my personal taxes set up with TurboTax and now need to add an 1120S. Can I do this under the same log-in (account) so my personal and S-corp can interact?

To complete an S Corp tax return, Form 1120S, you would need to purchase the CD/Download of the Business Edition.  The Business Edition can only be installed on a Windows based personal computer, not on a Mac or online.  The Business Edition cannot complete a personal tax return, Form 1040.  There is no linkage between the Business Edition and any of the TurboTax personal editions.  The Schedule K-1 generated for the S Corp is entered on your personal tax return.

Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies