turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Afh12077
New Member

Single LLC and W2 Filing

I work a full time W2 job and I started a part time single LLC. Would I use the Home and Business (self employed) or Business (LLC) tax software?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
rjs
Level 15
Level 15

Single LLC and W2 Filing

You need Home & Business for your W-2 and single-member LLC. TurboTax Business is only for partnerships, corporations, trusts, and estates. It does not handle a single-member LLC unless the LLC has elected to be treated as a corporation (S corp or C corp) for income tax purposes.

 

 

 

Single LLC and W2 Filing

It depends on if you set up your Single Member LLC (SMLLC) as an S corp.  If you did you need to file a separate 1120-S Business return using the Business program.  Otherwise it is a disregarded entity and you file it on Schedule C as self employment in your personal tax return.  

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question