turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

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

I need to file five (5) s corporation tax returns and a personal 1040. I don't see a product that has this combination. What do I need to purchase?

 
1 Best answer

Accepted Solutions

I need to file five (5) s corporation tax returns and a personal 1040. I don't see a product that has this combination. What do I need to purchase?

To file a S Corp tax returns, Form 1120S, you will need the TurboTax Business Edition.  The Business Edition can only be installed on Windows based personal computer, not on a Mac or online.  The Business Edition cannot complete a personal tax return, Form 1040.  Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/

For the personal tax returns you would use the TurboTax personal editions.  To report a Schedule K-1 received from the Corporation you would need to use either the Premier or Self-Employed online editions - https://turbotax.intuit.com/personal-taxes/online/

Or you can use any of the TurboTax CD/Download desktop editions to report the Schedule K-1 - https://turbotax.intuit.com/personal-taxes/cd-download/

View solution in original post

1 Reply

I need to file five (5) s corporation tax returns and a personal 1040. I don't see a product that has this combination. What do I need to purchase?

To file a S Corp tax returns, Form 1120S, you will need the TurboTax Business Edition.  The Business Edition can only be installed on Windows based personal computer, not on a Mac or online.  The Business Edition cannot complete a personal tax return, Form 1040.  Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/

For the personal tax returns you would use the TurboTax personal editions.  To report a Schedule K-1 received from the Corporation you would need to use either the Premier or Self-Employed online editions - https://turbotax.intuit.com/personal-taxes/online/

Or you can use any of the TurboTax CD/Download desktop editions to report the Schedule K-1 - https://turbotax.intuit.com/personal-taxes/cd-download/

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v