Question

My wife and I formed an LLC last year, but never did anything with it. Which TurboTax product do I need to complete my taxes?

Forum|Forum|2 years ago
April 12, 2024
1 reply
0 views

No text available

TurboTax Online

Employee

It depends on the state you are in. For community property states a husband and wife only member LLC can file as a single member LLC. For other states, you file a partnership return and need TurboTax Business software to do so.

TurboTax Business

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

J

jossimbyrAuthor

Thank you for your response. Is the Business product the same one available on Amazon? Also, does it cover our normal taxes, or will we need an additional product?

PatriciaV

Employee

TurboTax Business is used exclusively for business returns (partnerships, corporations, estates and trusts). This product does not include the forms for an individual tax return. You will need any TurboTax for Desktop product or TurboTax Premium Online to prepare your personal return.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"