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Level 1
April 15, 2026
Question

If I have done my taxes for my LLC (small business) how to I answer the did you own a business or work as a sole proprietor in 2025 when doing my individual taxes?

  • April 15, 2026
  • 1 reply
  • 17 views
I'm inclined to say "Yes, we did" but chose "No, we didn't" so I don't mess up our business taxes. Please help.

1 reply

Level 15
April 15, 2026

The program wants to know if it needs to create a Schedule C and Business Section so you can report your business income and expenses.  If you file your business income and expenses as a partnership or S-Corp then you should answer no, otherwise the program is going to try to get you to complete the self-employment section.  

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