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jakefeb05
New Member

I own a business that had no activity last year. I filed a no activity business return in March. Do I need to report this some where on my personal taxes?

 
1 Reply
WillK
Level 9

I own a business that had no activity last year. I filed a no activity business return in March. Do I need to report this some where on my personal taxes?

If it was a Corporation or an S-Corporation, yes the K-1 that has been generated would be reported on your personal return. You would need to use Turbo Tax premier to report the K-1. You will also be able to report your other personal tax information in the program. 

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