turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

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?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
WillK
Intuit Alumni

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. 

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies