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I'm assuming that you filed a final return for your other entity last year. However, it's a really simple return that can be done without software, but you need to formally report a Final Return with the IRS and your state (if it taxes corporations). In the simplest of cases, its mostly a matter of filling out the business name and address, and clicking a few checkboxes.
When you’re a sole proprietor and Self-Employed, you will need to file Form 1040 (Individual Income Tax Return) with a Schedule C to calculate your net profit or loss. If you have only income from self-employment and no expenses, you can use TurboTax Deluxe. If you do have expenses, however, that will trigger an upgrade to the TurboTax Self-Employed edition.
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