If I need to use Turbo Tax Business for my business ( an S Corp) do I need a separate Turbo Tac ( Premier?) for the rest of my taxes? Or does TT Business do them both? In other words do I need to file twice?
Thanks,
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Sorry you will need 2 programs. The Business program and a personal version. For your personal return you need the Online Premium version Or buy any of the Desktop CD/Download programs for Windows or Mac. All the personal Desktop programs have the same forms, you get more help in the higher versions.
You file your 1120-S (S corporation) return using TurboTax Business (which generates a K-1)
You then file your personal income tax return (1040) using a different TurboTax product, such as TurboTax Premier.
There is no single TurboTax product capable of preparing both types of returns.
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