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June 5, 2019
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Personal and business taxes done, can Tubotax business do both or is it only for Bussiness? and also will i be able to import last year taxes from pdf file?

  • June 5, 2019
  • 1 reply
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Need to do personal and business taxes done, can TurboTax business do both or is it only for Business? and also will I be able to import last year taxes from pdf file?

Best answer by JulieCo

Personal income returns cannot be generated with TurboTax Business.  If your business is a C Corporation, S Corporation, Multi Member LLC, or Partnership, then TurboTax Business is used to create their tax returns.

If your business is a sole proprietor or single-member LLC, those types of businesses do not require a separate return and TurboTax Self Employed or TurboTax Home & Business can be used to create the income tax form for both your personal income, as well as for the sole proprietor or simple member LLC business.

Here is more information regarding transferring last years tax files into TurboTax:

https://ttlc.intuit.com/replies/3302290

1 reply

JulieCoAnswer
Employee
June 5, 2019

Personal income returns cannot be generated with TurboTax Business.  If your business is a C Corporation, S Corporation, Multi Member LLC, or Partnership, then TurboTax Business is used to create their tax returns.

If your business is a sole proprietor or single-member LLC, those types of businesses do not require a separate return and TurboTax Self Employed or TurboTax Home & Business can be used to create the income tax form for both your personal income, as well as for the sole proprietor or simple member LLC business.

Here is more information regarding transferring last years tax files into TurboTax:

https://ttlc.intuit.com/replies/3302290