Question

Filled jointly w-2 turbotax 2021 now for 2022 filling jointly w-2s and new LLC. Which turbotax program to us?

Forum|Forum|3 years ago
April 8, 2023
1 reply
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married jointly. The turbotax system keeps opening old account just for w-2 people, not transfuring me to a business tax account?

TurboTax Live Self Employed

DoninGA

Employee

What type of business? Is this a S Corporation, C Corporation, a Multi-member LLC, a Partnership?

If so you will need the TurboTax Business Edition - https://turbotax.intuit.com/small-business-taxes/

The Business Edition can only be installed on a Windows based personal computer, not online or on a Mac.

The Business Edition cannot be used for a personal tax return, Form 1040.

However, if you are a single member LLC that has Not incorporated then the IRS considers your business as a disregarded entity. You report your business income and expenses on a Schedule C. The Schedule C is included with and is part of your personal tax return, Form 1040.

Your post indicates you are using the TurboTax Live Self-Employed edition which is one of the editions you can use to report both W-2 and self-employment.

O

ownerbuzzAuthor

Hi, I have been using turbotax online for years just for married jointly file w-2 (myself and wife). Now ready to file 2022 as same married jointly file our two w-2s but also in 2022 started a LLC so need online filing with Turbotax as w-2s and single LLC. What online turbotax can I use?

DoninGA

Employee

@ownerbuzz wrote:

Hi, I have been using turbotax online for years just for married jointly file w-2 (myself and wife). Now ready to file 2022 as same married jointly file our two w-2s but also in 2022 started a LLC so need online filing with Turbotax as w-2s and single LLC. What online turbotax can I use?

I already posted an answer to your question over 20 minutes ago on this thread. Did you not see the answer?