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February 14, 2025
Question

Which copy of turbotax can be used for a partnership investment club and individual tax return

  • February 14, 2025
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    Employee
    February 14, 2025

    Only Turbotax Business can prepare a partnership return (form 1041 1065).  There is a PC version and an online version, but the online version seems to require the purchase of Live Help (there is no simple, unassisted version online).

     

    For a personal return, you can use Turbotax Online, or the Deluxe, Premier, or Home & Business versions of the desktop program installed on your Mac or PC. (In this case. "business" means schedule C for a sole proprietorship or single member LLC.)