After you file

Which type of business do you have and which product are you using?

 

If you have a sole proprietorship or a disregarded entity (such as a single-member LLC without an election to be treated as a corporation), then you would report on Schedule C. Schedule C is supported by TurboTax Home & Business (or TurboTax Self-Employed for the 2020 tax year).

 

If you have a business entity, such as a corporation, partnership, or multi-member LLC, then you would have to use TurboTax Business.