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Level 2

Which product do I need?

I want to file my personal taxes, fed and local state

I also need to file for a LLC business that has 2 people, and to issue a k-1 (for my personal)

will the turbobax business allow me to do the LLC business AND my personal?

or I have to buy business, and also personal?

 

thanks

1 Best answer

Accepted Solutions
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Employee Tax Expert

Which product do I need?

You will need to use separate TurboTax softwares to create your personal 1040 tax return and the tax return for the multi-member LLC.

 

For your personal return, you can use either the TurboTax Online or CD/Download versions.  See more information on the 1040 products here:  TurboTax Online ProductsTurboTax CD/Download Products

 

For the multi-member LLC, you will need to use TurboTax Business to complete that return.  This software will generate the business return, as well as the K-1 for you to use on your personal return.  Click this link for more information:  TurboTax Business

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2 Replies
Level 11

Which product do I need?

 You have to buy BUSINESS for thee partnership, and software to do the 1040.

Highlighted
Employee Tax Expert

Which product do I need?

You will need to use separate TurboTax softwares to create your personal 1040 tax return and the tax return for the multi-member LLC.

 

For your personal return, you can use either the TurboTax Online or CD/Download versions.  See more information on the 1040 products here:  TurboTax Online ProductsTurboTax CD/Download Products

 

For the multi-member LLC, you will need to use TurboTax Business to complete that return.  This software will generate the business return, as well as the K-1 for you to use on your personal return.  Click this link for more information:  TurboTax Business

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post