hello
where can i find and file form 1120-s in turbo tax?
thank you!
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@flmgrip The Home & Business edition will accept a Schedule K-1 from the 1120-S. But it cannot be used to complete a Form 1120-S. That can only be accomplished using the TurboTax Business edition.
The S Corporation tax return, Form 1120-S, is only included in the TurboTax Business Edition.
The Business Edition can only be installed on a Windows based personal computer, not online or on a Mac.
The Business Edition cannot be used to complete a personal tax return, Form 1040.
Go to this TurboTax website to purchase and download the 2024 Business Edition - https://turbotax.intuit.com/small-business-taxes/cd-download/
thank you!
so the return for my s-corp is completely separate, and then I enter the form k-1 on my personal 1040 return, correct?
does the home & business edition not include filing for 1120-s?
thank you for your help!
@flmgrip The Home & Business edition will accept a Schedule K-1 from the 1120-S. But it cannot be used to complete a Form 1120-S. That can only be accomplished using the TurboTax Business edition.
thanks!
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