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Deductions & credits
You will be filing 2 separate returns. You need to first file a 1120-S business return using Turbo Tax Business. Do you have access to a Windows computer? Turbo Tax Business is not available to do online or on a Mac. You can buy the Window's version here. And you can have both TT Business and TT Home & Business (or any personal version) installed on your computer at the same time.
https://turbotax.intuit.com/small-business-taxes
THEN you get a schedule K-1 from the business return that you will enter into your personal 1040 tax return along with your W2 and any other 1099s. If you are using the Online version you will need to use Premier to enter a K-1.
https://turbotax.intuit.com/small-business-taxes
THEN you get a schedule K-1 from the business return that you will enter into your personal 1040 tax return along with your W2 and any other 1099s. If you are using the Online version you will need to use Premier to enter a K-1.
‎June 4, 2019
7:19 PM