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Level 2
posted Feb 28, 2021 5:03:09 PM

I have to file my 1040 for my job but I also run a small simple S-corp business with no complexities, which upgraded turbo tax plan is right for me?

zero income, only business costs and most are associated with start-up costs.

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1 Replies
Expert Alumni
Feb 28, 2021 5:32:43 PM

For your S-Corp, you need to file a Form 1120-S.  To prepare and file an 1120-S using TurboTax, you will need the Business software.  TurboTax Business must be installed on your hard drive via download or CD, and is only available for Windows PCs.  If you are going to use the Business software, I suggest you use TurboTax Desktop for your personal.. It is also software installed on your hard drive as opposed to TurboTax Online.   I suggest you start with TurboTax Deluxe.  You can upgrade from within the program if necessary.  For more information, see:

 

  

TurboTax Desktop Products Comparison

 

TurboTax Business