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Level 2

Question

Trusts and Partnerships

Forum|Forum|3 years ago
February 14, 2023
2 replies
8 views

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?

TurboTax Home & Biz Windows

Level 15

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.

LenoPAuthor

Level 2

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!