Which version of Turbo Tax

J Cameron · ‎January 26, 2022

Sorry for a repeat but it wasn't clear to me if I should buy the Business version (because I am a single owner LLC with only a single sale of $200) or can get by with the Premier edition?

AnnetteB6 · ‎January 26, 2022

If your business is formed as a single-member LLC, then you do not need to buy the TurboTax Business version for your return.

TurboTax Business is for partnerships, S-Corps, or C-Corps.

However, if you are claiming any business expenses as part of your Schedule C, you will need to use TurboTax Self-Employed instead of Premier.

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View solution in original post

AnnetteB6 · ‎January 26, 2022

If your business is formed as a single-member LLC, then you do not need to buy the TurboTax Business version for your return.

TurboTax Business is for partnerships, S-Corps, or C-Corps.

However, if you are claiming any business expenses as part of your Schedule C, you will need to use TurboTax Self-Employed instead of Premier.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Which version of Turbo Tax