What kind of business entities? Do you report them on Schedule C in your personal return or file separate business returns like 1065 or 1120? For separate business returns……
For federal you can use one Business program for additional businesses, even if they are different kinds of business or an Estate/Trust.
You have to buy the state Business program separately from inside the federal program.
Preparing state tax returns for more than one business?
When they are the same types of businesses (such as two S Corps) and file taxes in the same state, buy one state product and use for all at no extra charge. Business State efile included.
When they are the same types of businesses (such as more than one LLC), but file taxes in different states, buy one product per state for $55. Business State efile included.
When they are different types of businesses (such as an S Corp and a partnership) and file taxes in the same state, purchase one product for each business type for $55 per each business type. Business State efile included.
TurboTax® Business Desktop 2023-2024 | Tax Software Download
TurboTax Business State products are sold separately by state and entity type. With each TurboTax Business State product, you can complete returns for more than one business only if they are the same entity
