Started repairing and selling used cars early in 2020 as individual. Later obtained Dealer License in September - as sole owner.
Do I show 2 separate businesses or do I include all income/expense in one business?
You'll need to sign in or create an account to connect with an expert.
sounds like the same business except for the license.
Agreed that it would be the same business.
Since you are a sole proprietor, you would use either TurboTax Self-Employed or TurboTax Home and Business
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Jennifer92151
New Member
gomes_f
New Member
MCD24
Level 1
ali-a0515
New Member
saige4
New Member