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December 26, 2024
Question

Do turbo tax do business tax and personal tax?

  • December 26, 2024
  • 1 reply
  • 0 views
How long will it take.,what documents needed, and pricing

    1 reply

    Employee
    December 26, 2024

    You have not explained what kind of business you have.   Are you self-employed as a sole proprietor---or do you have a business that is an S-corps, C-corps, or partnership?   

     

    If you are self-employed, then all of your income goes on your individual Form 1040, and you prepare a Schedule C for your business expenses.

     

    If you have an S-corps, C-corps or partnership, you need TurboTax Business to prepare a business return AND you will need personal tax software to prepare your Form 1040--so two programs.

     

    https://turbotax.intuit.com/small-business-taxes/

     

     

     

    2024 TURBOTAX

     

    DOWNLOAD (This requires a full PC or Mac—-cannot be used on a mobile device)

     

    https://turbotax.intuit.com/personal-taxes/cd-download/

     

    You can also purchase the desktop download from various retailers such as Costco, Amazon, Walmart, Best Buy, Staples, Sam’s Club, etc. etc. etc.

     

    This link Where can I obtain authentic TurboTax software? has a list of authorized TurboTax resellers.

     

    When you use desktop software, there is an additional fee to e-file a state return.  You can avoid that fee if you print, sign and mail the state return.  The state e-file fee is $20 and increases to $25 in March.

     

     

    https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-mac-software/00/25609

     

     

     

    https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-system-requirements/minimum-system-requirements-turbotax-windows/L8ZSsGqF1_US_en_US?uid=lph06daf

     

     

     

     

     

    ONLINE 2024

     

    https://turbotax.intuit.com/personal-taxes/online/

    And just so you know—online prices go up in March—Pay your fee before then to lock in the discount

     

     

    https://turbotax.intuit.com/personal-taxes/online/live/how-it-works.htm

     

    https://turbotax.intuit.com/personal-taxes/online/live/full-service/

     

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**