1.filling separate personal and business is good or bad ? i mean in terms of maximum refund ,as business self employment and w2 from other store .please reply me .

ghimire392 · ‎May 31, 2019

WillK · ‎May 31, 2019

If you are a sole proprietor or single member LLC you must file your business tax return (Schedule C) with your personal return, there is no way to file it separately.

Using Turbo Tax Self Employment is the best program to enter in all your self employment income and expenses along with your other income from your other job, and all your other tax data.

The program will analyze all the information you put in and will determine the amount of taxes you are responsible for, compared to what you have paid it and determine if you are due a refund or need to pay in the additional taxes.

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View solution in original post

WillK · ‎May 31, 2019

If you are a sole proprietor or single member LLC you must file your business tax return (Schedule C) with your personal return, there is no way to file it separately.

Using Turbo Tax Self Employment is the best program to enter in all your self employment income and expenses along with your other income from your other job, and all your other tax data.

The program will analyze all the information you put in and will determine the amount of taxes you are responsible for, compared to what you have paid it and determine if you are due a refund or need to pay in the additional taxes.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1.filling separate personal and business is good or bad ? i mean in terms of maximum refund ,as business self employment and w2 from other store .please reply me .