Solved: Which products do I need to file my s-corp return and my personal taxes, which will include my wifes personal home business income
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Which products do I need to file my s-corp return and my personal taxes, which will include my wifes personal home business income

 
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Level 15

Which products do I need to file my s-corp return and my personal taxes, which will include my wifes personal home business income

For the S Corp tax return, Form 1120S, you will need the TurboTax Business Edition.  The Business Edition can only be installed on a Windows based personal computer, not on a Mac or online.  The Business Edition cannot complete a personal tax return, Form 1040.  Go to this website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/

Using the TurboTax desktop CD/Download editions, any of the editions can be used to complete your personal tax return and a Schedule C for the self employed business income and expenses.  However the Home & Business personal edition is recommended.  Go to this website for the desktop CD/Download editions - https://turbotax.intuit.com/personal-taxes/cd-download/

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Level 15

Which products do I need to file my s-corp return and my personal taxes, which will include my wifes personal home business income

For the S Corp tax return, Form 1120S, you will need the TurboTax Business Edition.  The Business Edition can only be installed on a Windows based personal computer, not on a Mac or online.  The Business Edition cannot complete a personal tax return, Form 1040.  Go to this website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/

Using the TurboTax desktop CD/Download editions, any of the editions can be used to complete your personal tax return and a Schedule C for the self employed business income and expenses.  However the Home & Business personal edition is recommended.  Go to this website for the desktop CD/Download editions - https://turbotax.intuit.com/personal-taxes/cd-download/

View solution in original post

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