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GSMom
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We used Home & Bus. for 2015 (my husband had a partnership) and for 2016 the partnership ended and switched over to a sole proprietorship. Can we still use Home and Bus.?

 
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We used Home & Bus. for 2015 (my husband had a partnership) and for 2016 the partnership ended and switched over to a sole proprietorship. Can we still use Home and Bus.?

Yes.  However, this year your husband will input his information on a Schedule C.

While it is not clear from your facts, you may have a part year K-1 for 2016 depending on when the partnership ended.

Both can be handled with TT Home & Business.  

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.

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1 Reply

We used Home & Bus. for 2015 (my husband had a partnership) and for 2016 the partnership ended and switched over to a sole proprietorship. Can we still use Home and Bus.?

Yes.  However, this year your husband will input his information on a Schedule C.

While it is not clear from your facts, you may have a part year K-1 for 2016 depending on when the partnership ended.

Both can be handled with TT Home & Business.  

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
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