Question

W2 + LLC S Corp

Forum|Forum|4 years ago
March 13, 2022
1 reply
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Hello turbotax community,

Hope everyone is doing well.

I need to file my personal income tax (w2) with my wife. She owns a LLC and elects to file as a S Corp. What product should we purchase AND if we need to purchase 2 products, how can I ensure these 2 products connect with each other?

Thank you in advance.

Lien L

A

Anonymous_

Employee

You need TurboTax Business to prepare an 1120-S and another TurboTax product to prepare your individual income tax return.

Note that the two products will not "connect with each other". You will have to enter the K-1 generated by TurboTax Business into the individual income tax preparation product manually.