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LenoP
Returning Member

Trusts and Partnerships

Is there a Turbo Tax Software product that does Personal, Trusts, and Partnerships?

This year I bought Turbo Tax Home and Business software thinking it does all three, but it doesn't do Trusts and Partnerships. So, am I right that I have to buy Turbo Tax Business to do Trusts and Partnerships? 

Why can't there be one that does all three?

 

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2 Replies

Trusts and Partnerships

Sorry no.  You would need 2 programs.

Turbo Tax Business and Turbo Tax Home & Business are not the same.  Home & Business is for personal 1040 returns that need Schedule C for self employment income.  You can use either the Desktop program or the Online version for your personal return.

LenoP
Returning Member

Trusts and Partnerships

Thank you, that's what I thought and I've done that for the past 4 years. Bought both.

However, Intuit should rename their Home and Business Software to Home and Personal Business Only.

It's misleading!

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