Hello everyone,
I have to file 2 individual taxes (myself and wife), one S-corporate filing. I have dependents, and also have one adult son studying. Which product I have to use to file it on-line and how many quantities I need to purchase?
Also how I can file extensions for business and individual?
Thanks for all help in advance?
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If you need to file a return for a S corporation (Form 1120-S), you need TurboTax Business.
See https://turbotax.intuit.com/small-business-taxes
Note that TurboTax Business is not available as an online product; it must be installed and run in a Windows environment (there is no Mac version).
You can use any desktop version for your individual income tax return (Form 1040).
However, if you use an online version of TurboTax, you will have to use Premier or Self-Employed since you will have a K-1from the S corporation to enter.
The downloaded version can handle multiple personal returns for the one fee ... if you use the online version there is a fee for each return. Since all the downloaded versions can handle all forms get the Deluxe if you need a state return and Basic if you don't.
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