Small Business, Farm & Startup Tax Forum

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?

by on Latest post on by

13 Replies 16563 Views

13 Replies

16563 Views

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

by on Latest post on by

4 Replies 8682 Views

4 Replies

8682 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.

by on Latest post on by

1 Reply 1865 Views

1 Reply

1865 Views

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

by on Latest post on by

1 Reply 1096 Views

1 Reply

1096 Views

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

by on Latest post on by

1 Reply 1594 Views

1 Reply

1594 Views

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)?

by on Latest post on by

2 Replies 1362 Views

2 Replies

1362 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?

by on Latest post on by

1 Reply 1047 Views

1 Reply

1047 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?

by on Latest post on by

2 Replies 1687 Views

2 Replies

1687 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???

by on Latest post on by

2 Replies 1438 Views

2 Replies

1438 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.

by on Latest post on by

4 Replies 3643 Views

4 Replies

3643 Views

Expert does your taxes

Do it yourself

Resources

Support

Topics with Label: TurboTax Self Employed iOS

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?

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

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.

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

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

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)?

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?

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?

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???

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.

Do you have a TurboTax Online account?

Topics with Label: TurboTax Self Employed iOS