Can I import my taxes from last year where I used your Turbo Home & Business to your Turbo Business product to issue multi-member LLC K-1s?

[gmoreno]

Can I do a self-employed business as well as a new LLC on Turbo Business version?

[Howard1948 · Accepted solution]

You cannot transfer data between TT Home & Business and TT Business.  This is true as it relates to both prior year data and current year data.

You can use TT Business to prepare a Form 1065 for a multi-member LLC, but you cannot use TT Business to prepare a Schedule C for a single-member LLC or a sole proprietorship.  For a single-member LLC or sole proprietorship, you need a TT personal program that includes Schedule C, such as the TT Home & Business program you used to ask this question.