Since you closed the business in 2024, you can use Home and Business to report the final income and expenses.
If you are married filing separately, then you would enter only the amount that you paid (or half if you split it or pay out of a joint account) for expenses that you are itemizing. The software cannot give you the information since it does not know if you paid half or a different amount.
Yes, it is possible that you will owe the IRS, it all depends on how much you had withheld or paid in versus your tax liability after credits.
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