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Returning Member
posted Oct 3, 2023 6:27:27 AM

Single member LLC

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?

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5 Replies
Level 15
Oct 3, 2023 7:10:38 AM
Returning Member
Oct 3, 2023 7:27:15 AM

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
Oct 3, 2023 8:07:20 AM

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.

Level 15
Oct 3, 2023 9:22:05 AM

Sorry I don't use QuickBooks (just Quicken) and don't know about importing  it into the Turbo Tax Online self employed version.    Go over to the QuickBooks forum here…

https://community.intuit.com/products/quickbooks-help-en-us

Did you see this article on how to import?
https://ttlc.intuit.com/community/entering-importing/help/how-do-i-send-my-quickbooks-self-employed-tax-information-to-turbotax/00/26726

 

 

Returning Member
Oct 3, 2023 11:06:10 AM

Thanks for the links. I'll check them out.