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I opened an LLC filing as an S Corp last year. Is it required to file a 1120S, K1? What Turbo Tax is best for this?
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Yes, you will be required to file an 1120-S and the return is due March 15th for a calendar year corporation.
See https://www.irs.gov/instructions/i1120s#en_US_2021_publink11515kd0e416
You need TurboTax Business for an 1120-S if you want to prepare the return with TurboTax. TurboTax Business must be installed and run in a Windows environment and you will also need a personal tax preparation product, such as TurboTax Premier, to prepare your 1040.
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