How do I create a balance sheet for my small business?

[-dc]

While I know that my small business is not required to submit a balance sheet with my tax return, I would still like to. How do I create an IRS-acceptable balance sheet in TurboTax Home & Business?

[Lisa995 · Accepted solution]

There is no place to create a balance sheet for a sole proprietor business to submit with a personal return.   Schedule C is basically a Profit & Loss statement, there's no place for a balance sheet.

[Opus 17]

You would need Quickbooks or something similar.