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April 12, 2024
Question

Is there a what software for sole proprietor with employee. I Submitted 941 estimated payments in 2023.? Plus has section for my person taxes?

  • April 12, 2024
  • 1 reply
  • 0 views
In Home and Business there isn't  anywhere to enter 941 estimated  payments.

1 reply

April 14, 2024

TurboTax Home and Business does not prepare Form 941.  Form 941 is only filed if you are a business paying employees and withholding taxes from their paychecks. It must be filed at least quarterly and sometimes more often, depending on the size of your payroll.

 

TurboTax Business prepares Forms 941, as well as partnership and corporate returns.

 

See this TurboTax tips article for more information, and the following IRS article:

 

What is IRS Form 941

 

TurboTax Home and Business handles self-employed income and expenses, but not payroll tax returns.

 

See here for the features included in Home and Business.

 

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