Small Business, Farm & Startup Tax Forum | TurboTax® Support

Is there any way to add inventories that I personally purchased prior to starting the business but that have become raw materials for my business after starting it up?

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13 Replies

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I am a single member in my business. i have filled out a form 2553 and it was accepted. what to do with W9?

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4 Replies

3232 Views

Where is income from sales entered on the updated TurboTax for self employed? previous versions allowed for sales to be entered for a retail business.

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I put in a business expense but my "federal tax due" rose

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Deducting operating expense for business use of home if business income is reported through w-2 and K-1?

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1 Reply

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TurboTax Home and Bus. In Schedule 1, is it correct for a business loss to occur twice, on line 12 (Sch C) and again (the same amt) also on line 17 (Sch E)?

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2 Replies

417 Views

I have section 1231 gains and losses for farming business. Is the only way to enter this information through 4797 forms or is it included in easy step?

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356 Views

In TurboTax Home & Business edition, I'm trying to include consulting income for my LLC, but didn't get some 1099s so I don't have EINs? TurboTax saying they're errors?

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2 Replies 506 Views

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506 Views

Why - Using Torbotax Home and Business - Net Schedule C income is 68,583.00 but QBI worksheet lists 42,760.00 as qualified business imncome. Why not 68,853.00???

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2 Replies

479 Views

I have a disregarded LLC & I have an EIN only banking purposes. Bank issued a 1098 to the EIN. Does the IRS connect EIN & my SSN? Trying to complete Sch E.

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4 Replies 1319 Views

4 Replies

1319 Views