217052
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

grnlnd13
New Member

I own a business (partnership)usually purchase deluxe. But I also started a sole proprietor which tax version can I use

 
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.

3 Replies
JulieCo
New Member

I own a business (partnership)usually purchase deluxe. But I also started a sole proprietor which tax version can I use

If you want to deduct expenses against your sole proprietor income, then you will need to use TurboTax Self-Employed (online) or TurboTax Home & Business (CD/Download).  These are essentially the same products -- just that one is an online version and one is a CD/Download version.

TurboTax Online Self Employed

TurboTax Download - Home & Business Edition



I own a business (partnership)usually purchase deluxe. But I also started a sole proprietor which tax version can I use

Hi, I am in the same boat as the original poster. I started both a partnership business and sole proprietorship. Will I need Deluxe for my sole proprietorship and my W2's from my previous employer and then Premier for the partnership? And will they have to be combined into one tax return when I file?   

I own a business (partnership)usually purchase deluxe. But I also started a sole proprietor which tax version can I use

No! You need 2 programs.  You need Turbo Tax Business to do the Partnership return.  You will get a K-1 and/or a W2 to enter into your personal return.  Turbo Tax Business  is not available to do online or on a Mac.  You can buy the Window's version here.  And you can have both TT Business and TT Home & Business (or any personal version) installed on  your computer at the same time.

https://turbotax.intuit.com/small-business-taxes

 

Desktop Windows System Requirements

https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-...

 

THEN to do your personal 1040 return you can either use the Online version or the Desktop CD/Download program.  For Online you will need Premier to enter a K-1.

 

 

 

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question