Hello! I am trying to figure out which TurboTax products I need to purchase this year. Here's what I have to deal with:
LLC (I know I need TurboTax Business for this)
Self-employed (Uber driver)
W-2 employee
Which product would work best for all 3 of these? Thanks!
You'll need to sign in or create an account to connect with an expert.
You do need TurboTax Business for a multi-member LLC (Form 1065) or if you have made an election to be treated as a corporation for federal income tax purposes (1120 or 1120-S). However, if you have a single-member LLC, you can treat the LLC as a disregarded entity and just file a Form 1040 with a Schedule C.
Otherwise, assuming you need TurboTax Business for your LLC (Form 1065), then you would probably be better off with TurboTax Home & Business for your individual income tax return since it will handle your self-employment income and provide a higher level of guidance.
If you want to claim Uber expenses, you will need to purchase the Self Employed version. With only income, you can use Deluxe. For a full comparison of products, click on this link
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
csiusan
New Member
42Chunga
New Member
deborahhuff753
New Member
joel_black_sr1
New Member
tucow
Returning Member