Skip to main content
October 27, 2024
Solved

What version of TurboTax do I need if I am a LLC filing as a S-corp?

  • October 27, 2024
  • 1 reply
  • 0 views
No text available
Best answer by VolvoGirl

Sorry you will need 2 programs. The Business program and a personal version. For your personal return you can use either the Online Premium or buy any of the Desktop CD/Download programs for Windows or Mac. All the personal Desktop programs have the same forms, you get more help in the higher versions.

 

Do you need to do a personal 2023 return?  You need to buy the Desktop program here

https://turbotax.intuit.com/personal-taxes/past-years-products/ 

 

You will need to do the S corp return first and then enter the K-1 you get into your personal return.  You can buy any Desktop program.  All the Desktop programs have the same forms.

1 reply

Employee
October 27, 2024

TurboTax Business if you need to prepare an 1120-S for an S corporation (which includes an LLC with an S corporation election).

 

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

 

Note that the 2024 edition has not yet been released.

E32038Author
October 27, 2024

Thank you very much!  That is what I have, but I couldn't figure out where to add my wife's W2 (separate from the business) cause it should all flow on the same return, I thought.   I'll probably have to call Intuit tomorrow.  Thanks again for the quick response. 

October 27, 2024

You need Turbotax Business  - windows or online for the S-corp

for the 1040 you do not enter her w-2 in the S-corp. you need one of the 1040 versions of Turbotax.

there are desktop versions that handle all the forms that Turbotax does

then there are the online versions. some you do yourself but you'll need one of the higher versions to enter a k-1

there is also online live where a pro does your 1040 and or 1120S returns

https://turbotax.intuit.com/