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APL-MI
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I bought TT H&B. I work for a corporation (W2). We (wife & I) own a small business (LLC). File as "married filing jointly". Can I use standard TT DeLuxe (scheduled C)?

I bought Turbotax home and business. I work for a corporation (W2) but my wife and I owned a small business with employees (LLC). We will file "married filing jointly". I read that I do not need to use TT Home & Business. Can I use standard turbotax DeLuxe (scheduled C)? 

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Leonard
Intuit Alumni

I bought TT H&B. I work for a corporation (W2). We (wife & I) own a small business (LLC). File as "married filing jointly". Can I use standard TT DeLuxe (scheduled C)?

Yes, you can use TurboTax Deluxe only if you have income to report, if you have income and expenses you will need to use TurboTax Premier to prepare your tax return that includes Schedule C.

 

[Edited 03/10/2020 | 2:46 pm PDT]

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Leonard
Intuit Alumni

I bought TT H&B. I work for a corporation (W2). We (wife & I) own a small business (LLC). File as "married filing jointly". Can I use standard TT DeLuxe (scheduled C)?

Yes, you can use TurboTax Deluxe only if you have income to report, if you have income and expenses you will need to use TurboTax Premier to prepare your tax return that includes Schedule C.

 

[Edited 03/10/2020 | 2:46 pm PDT]

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