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?
Make a postAsk questions and learn more about your taxes and finances.
taxman2011
New Member
colorado3
New Member
rbrower42
New Member
2413195bcd94
New Member
hynrel53
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.