RobertB4444
Expert Alumni

Get your taxes done using TurboTax

Yes!  Sorry, you will need to file a form 1120 for your C-corp. 

 

TurboTax has the resources to file business returns for your form 1120 at this link.  You'll file that return and then file your personal return separately.

 

Since the C-corp has a loss for this year then it doesn't make much difference but going forward you should still sit down with an advisor to discuss whether or not an S-election is for you.

 

@SeanW13 

@SeanW13 

 

[Edited 02/29/24  07:11 AM PST]

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