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February 1, 2024
Question

Partnership LLC Upgrade Home and Business??

  • February 1, 2024
  • 1 reply
  • 0 views

I now have an LLC partnership.  The entity is in addition to the LLC I have personally.  It requires a tax return.  Turbo Tax Home and Business only allows for my spouse and I to own a business.  Can I upgrade the Turbo tax Home and Business to a product that allows for Partnerships?

    1 reply

    February 1, 2024

    No for business returns  - corporations, partnerships, estates, and trusts you need TurboTax Business (different than Home & Business) . the cheapest version is the Windows desktop. there is no desktop for a MAC.

    desktop version

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

    also available from other websites (be careful large discounts from standard price may indicate something is wrong with the product being offered) 

    there is also online/assisted  and full preparation

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

     

    these only do business returns not your 1040.