I have a full time job with a W2 my wife doesn't work and we file jointly
I also have LLC that is co-owned with my wife that produces profit with 1099s. We have no employees but do have write offs.
Which version of Turbo Tax do I need to complete these two things.
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Unless you and your wife hold your interests in the LLC as community property in a community property state (in which case you can opt to treat the LLC as a disregarded entity), you will have to file a Form 1065 for the LLC.
TurboTax Business is the only TurboTax product that is capable of preparing a 1065 for an LLC. TurboTax Business is not capable of preparing a personal income tax return (e.g., Form 1040) so you will also need a personal income tax preparation product (such as TurboTax Premier). Further, TurboTax Business must be installed and run in a Windows environment; there is no online or Mac version.
Unless you and your wife hold your interests in the LLC as community property in a community property state (in which case you can opt to treat the LLC as a disregarded entity), you will have to file a Form 1065 for the LLC.
TurboTax Business is the only TurboTax product that is capable of preparing a 1065 for an LLC. TurboTax Business is not capable of preparing a personal income tax return (e.g., Form 1040) so you will also need a personal income tax preparation product (such as TurboTax Premier). Further, TurboTax Business must be installed and run in a Windows environment; there is no online or Mac version.
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