What turbotax is right for me?

[turbosl2]

I am married filing jointly, i have a small business (Single Member LLC) with a mix of independent contractors and W2 employees. I file all my quarterly payroll forms thru my payroll company throughout the year. 
In the past I have filed a Schedule C form with my personal tax return using TaxAct. I would like to switch to Turbotax, which TurboTax is right for me.

[DoninGA]

Using the TurboTax online editions you will need the Self-Employed edition - https://turbotax.intuit.com/personal-taxes/online/

Using the TurboTax desktop CD/Download editions, any of the editions can be used but the Home & Business edition is recommended - https://turbotax.intuit.com/personal-taxes/cd-download/

[VolvoGirl · Accepted solution]

If you use the  Online version you will need the Self Employed version to fill out schedule C for your SMLLC.  If you buy the Desktop CD/Download program you can use a lower version.  All the Desktop programs have the same forms.   You get more help in the higher versions.  The Desktop program is called Home & Business

You can start an Online return and see the fees here,
https://turbotax.intuit.com/personal-taxes/compare/online

You can see the Desktop programs here,
https://turbotax.intuit.com/personal-taxes/cd-download

The Online web version is only good for one account and one return. You can log in and access your return from any computer. You only can see the forms after you pay and download the pdf. And you might need to upgrade to a higher version to enter different kinds of income. There are 4 Online versions. And you can add LIVE service or Full Service for expert help. In Online the fees are to prepare the federal and state returns (State is a separate charge) whether you efile or print and mail. Efiling is free and included.

The CD/Download Desktop you buy and install the program, which can do unlimited returns. The returns are only saved on your computer and can not be accessed from anywhere else. And not saved at Turbo Tax. So Be sure to save Frequently and make backups. You get 5 federal efile for free. In Deluxe and above you get 1 state PROGRAM download to prepare unlimited state returns (in that state). Each state return including the first one is $20 early or $25 to efile or you can print and mail the state for free. The Desktop programs do not have the expert help that is available to add to Online versions.

Desktop also has many other features and advantages over the Online version. You can do more than 1 return. You can see and enter into the actual forms. It has a What-If worksheet. And you can use a lower version because all the Desktop versions have ALL the same forms. You just get more help in the higher versions. In online you have to upgrade to enter certain kinds of income. Like Premier for investments.

And the Desktop program is always available even after the year ends. Which is good if you ever need to amend your return after online website is closed or get audited and need your tax records.

[VolvoGirl]

And to Transfer from 2021.....

You can try to transfer the actual data file from H R Block or TaxAct into the Windows Desktop program.
See…..Transferring from TurboTax for Windows, H&R Block, or TaxACT
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/transfer-last-y...

TurboTax Online and the Mac Desktop program only supports PDF transfers, if you used other tax software last year. But a pdf only transfer very basic info like your name and AGI. It would be just as easy to manually enter all your info. So it's probably not worth even trying to transfer it.

[turbosl2]

I appreciate the response. I have just purchased home and business. I do like the desktop software. Appreciate the help