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Level 1
posted Jun 1, 2019 6:51:01 AM

I own a business treated as a DBA so don't have to file a business return. Last year I used turbo tax business as well as turbo tax. Is the business not required now?

0 6 2650
6 Replies
New Member
Jun 1, 2019 6:51:03 AM

Are you either a sole proprietor or a single member LLC?

Level 1
Jun 1, 2019 6:51:03 AM

I'm a sole proprietor

Level 15
Jun 1, 2019 6:51:05 AM

What business return did you file last year?  Why did you use TT Business in addition to your personal return?  If you didn't close the business you need to file it the same way.  Or you might have filed wrong last year.  You can buy the Business program here,
<a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/small-business-taxes/">https://turbotax.intuit.com/small-business-taxes/</a>

Level 1
Jun 1, 2019 6:51:07 AM

I think I messed up last year because the year before I was an LLC needing to file 2 returns. From what I can see I no longer need the business package. Thanks.

New Member
Jun 1, 2019 6:51:08 AM

Good luck! Hope we helped.

New Member
Jun 1, 2019 6:51:11 AM

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.