Using Turbo Tax with 2 home businesses?

Question by passsiongirl08: Using Turbo Tax with 2 home businesses?
I am planning to use turbo tax for our taxes this year. We both have regular W2′s and we own a home. I am getting the home and business edition. We both also have our own businesses and are self employed. Will Turbo tax allow us to fill in two separate businesses each with their own set of income and expenses?

Best answer:

Answer by Evan
Hi,

I believe you will need TurboTax business to file for multiple businesses, especially if they are of different entity types. I browsed the product descriptions, and found “Handles Multiple Businesses — Lets you prepare returns for multiple businesses, even if they are different entity types. Provides extra guidance for entering multiple businesses.” under the description for TurboTax Business.

-Evan

Know better? Leave your own answer in the comments!

Using Turbo Tax with 2 home businesses?

Want to buy TurboTax? Check out http://turbotax2012download.net