
TurboTax Home & Business - Get your personal and self-employed taxes done right.
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A: TurboTax has two products to serve business owners—TurboTax Home & Business is designed for sole proprietors and 1099 contractors, while TurboTax Business helps you prepare taxes for corporations, partnerships and LLCs.
Q: Will this run on windows 10 32 bit OS?
A: The minimum system requirements for TurboTax 2023 Desktop software specify that it needs Windows 10 (64-bit) or later to operate. Therefore, to use TurboTax 2023 Desktop software on a Windows system, you must have a 64-bit operating system such as Windows 10 64-bit or Windows 11 64-bit.
Q: Does Schedule C come with this software? What about the premier one i just purchased a few days ago?
A: Yes. Schedule C is included with Turbotax Home & Business.
A: TurboTax Home & Business 2023 will certainly support your situation and guide you through it. You will also be able to use TurboTax Premier 2023 for this same situation and still have full guidance, however, not if it is your main business activity. In most cases, the IRS doesn’t consider you self-employed, so you won’t have to prepare a Schedule C for this. However, if you provide a range of services to tenants or manage your rental properties as your main business activity, then your participation in the rental may rise to the level of self-employment and require you to file a Schedule C rather than Schedule E. If this is the case, Home & Business is the best option for you.