Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
jonestcj22
New Member

Should I file my s corporation business with my personal taxes on turbotax

 
1 Reply
FaithY
New Member

Should I file my s corporation business with my personal taxes on turbotax

No, your S corporation files it's own tax return (Form 1120S). The S corporation will issue you a Schedule K-1, once it has filed its own tax return. The Schedule K-1 will be input on your personal tax return (Form 1040, Schedule E Page 2.)

You can use TurboTax Business to prepare your S corporation tax return. Click here for information about TurboTax Business 

Click here to read an TurboTax article about S Corporations. 

Click here for a link to Form 1120S

 

https://ttlc.intuit.com/replies/3301717   

Dynamic AdsDynamic Ads
Privacy Settings
v