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Level 2
October 3, 2023
Question

Single member LLC

  • October 3, 2023
  • 1 reply
  • 4 views

The husband has a business (Single Member LLC) where he offers consulting services to his clients. He uses Quickbooks Self Employed and Turbotax Online. His wife has a business (Single Member LLC) and she offers services to their community and she has 5 employees that work for her. She also would like to use Quickbooks Self Employed and Turbotax Online but the best I can tell neither of them will handle payroll categories or deductions. Is that true? If it is true what Intuit products are able to do so?

1 reply

vwag1rAuthor
Level 2
October 3, 2023

She is already using a payroll service. She needs something for the business accounting that can categorize payroll and they want it to be basically push button to upload their joint tax info to TurboTax. I'm thinking they're asking a lot of QuickBooks Self Employed and TurboTax but again the best I tell is the only QuickBooks that integrates with TurboTax is the self employed version which doesn't seem to handle payroll categories.

Level 15
October 3, 2023

I'll page @VolvoGirl since I believe she used TurboTax Home & Business and QuickBooks and also (I believe) had payroll (not sure about payroll, however). Perhaps she has some suggestions.