Small Business, Farm & Startup Tax Forum

Business & farm

Easily File 1099-NEC or W-2 Forms: Quick Employer Forms (QEF)

Did you pay someone to help with your business? If so, you might need to file a W-2 form for an employee or a Form 1099-NEC for contracted help. If you have bona fide W-2 employees, you’re probably already withholding taxes and you know those W-2 for... read more

Vehicle Deductions: All You Need to Know!

Do you want to drive away with massive vehicle tax deductions? Before you race to the tax-filing finish line, there are things you need to know to ensure that tax win! While vehicle deductions can be huge, there’s a great responsibility to thoroughly... read more

Self-Employed: Don’t Miss These Tax Moves!

You don’t know what you don’t know! For example, did you know that many self-employed taxpayers qualify for a health insurance tax deduction? Or did you know that if you don’t file the proper forms for employers and contractors (on time), the IRS cou... read more

Quick Links for Self-employed & Gig Workers!

Having a business is both exciting and rewarding! But it can be confusing if you don’t know what it means for your tax returns. Whether you’re starting off and plan to conquer the world with your new business, have a side gig for a little extra cash,... read more

K-1 loss increased my amended 1040 tax return from the original. Why?

I submitted my original 1040 individual tax in March 2025 and paid the full owed amount then. Received a K-1 late in June 2025 and had to upgrade to a Premier version from a Deluxe online to amend my tax return yesterday thus paying a fee of $35. I h... read more

How do I enter K-1 data from real estate investments on partnership tax return rather than entering all details of income and expenses?

Qualified business income

I checked off yes to qualified Business income and now I want to change to no

IRS sent CP501 removing schedule A and accepting return with standard deduction. How do I submit 1040-X with schedule A when my original has sched A w/ larger deduction?

I filed paper copy. My original TT file has schedule A. IRS used CP501 to apply standard deduction in place of itemized deduction and accepted that return charging more taxes. They basically ignored that a schedule A was sent in.

How do I know if I am eligible for stimulus checks in 2025?

How can I apply for stimulus checks

Solo 401K Contributions

I have a single member LLC and also have a Solo 401K. I am filing as Schedule C. Can I contribute as an employee & employer? I understand this is possible under an S-Corp, but it seems like I can’t get a straight answer as to filling under Schedule C... read more

Quick Employer Forms W-2s and 1099-NECs are Missing

I've noticed recently (in the last couple of weeks) that many of the 1099-NECs and W-2s that we issued via Intuit's Quick Employer Forms for 2024 are no longer showing up on our Quick Employer Forms account when we log into the website. I know we iss... read more

Dissolution of Alberta Corporation with no assets and large loan from single shareholder

How to proceed with dissolution or perhaps sale of shares of Corporation that has 80K in liability to single shareholder and zero in assets or cash? The company with current revenue will never be able to repay this shareholder. I'm looking for advice... read more

where does Qualified REIT on form 8995 come from on Tubotax 2022 (I do not have a business)

It shows 100 on line 6 --but form does not apply to me

My name is on a Coinbase account as nominee for a partnership's crypto sale. The partnership receives all funds from crypto sales to its bank account, filed its 1065 & issued a K-1 to partners, including myself. How do I report on my personal return?

I understand need to report the full gains on form 8949 and adjust with Code N, to zero, is that it ? or additional forms need to be filed. Some online say I need to file form 1099 B to the partnership, but the partnership already filed the return fo... read more