Should I use turbo business or turbo home and business for my filing?

[healingarttax]

I am the only owner of a Professional Corporation, it is a new business and no income yet.

[HelenaC · Accepted solution]

It depends how the Professional Corporation was filed with the IRS and what kind of income tax return it will file. Refer to your IRS Form SS-4, Application for Employer Identification Number (EIN)  for this information.

If your Professional Corporation has to prepare one of the following business income tax returns, you need to use TurboTax Business :

• Partnership Form 1065, U.S. Return of Partnership Income - IRS.gov
• S Corporation Form 1120S S Corporations - IRS.gov
• C Corporation Form 1120 Corporations - IRS.gov
• Multi-Member LLC Form 1065, U.S. Return of Partnership Income - IRS.gov

If the corporation had no income:

https://ttlc.intuit.com/replies/4589516

If the Personal Corporation is a Sole Proprietorship or a Single Member LLC, you may use TurboTax Self-Employed .