What version of Turbo Tax do I need for a single member LLC and K1's from MPS ?

[PanJH]

I will be getting K-1's from participation in  master limited partnerships plus I have my own single member LLC.    What version of turbo tax will I need to support this ? 

[Critter]

If you use the ONLINE version you must use the Self Employed program.

https://turbotax.intuit.com/personal-taxes/online/

If you use the Downloaded version you can use ANY of them ... although it is recommended you use the Home & Business version it is not REQUIRED.  You can start with the DELUXE and upgrade in program if you feel the need for more guidance ( Basic if you don't need a state return).

https://turbotax.intuit.com/personal-taxes/cd-download/

[PanJH]

I usually get the CD version instead of downloading--- do I need the home and business  ? 

[Anonymous_]

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@PanJH wrote:

I usually get the CD version instead of downloading--- do I need the home and business  ? 

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The CD version is actually the same as the downloaded version; they are both installed on your computer rather than accessed Online through your browser.

[Critter]

Sadly the CD only has the beta version of the program on it ... so you must download the updates immediately and the program needs constant updates which need to be downloaded. Thus the CD version is really the exact same thing as the actual download.

The ONLY benefit you get from the CD is that is has the installation files for both Mac & Win on the CD to begin with ... when you get a download you only get one version ... however if you ever need the other all you have to do is call.