MinhT1
Expert Alumni

Business & farm

Your LLC taxed as an S-Corp cannot file its return together with your personal taxes.

 

Your S-Corp must file form 1120S for its tax return. In the 1120S return, there will be a Schedule K-1 under your name as the shareholder.

 

You have to enter that Schedule K-1 on your personal return.

 

You can use TurboTax online for small businesses to prepare form 1120S by clicking here

 

Or you can use TurboTax Business CD/Download on a Windows computer (not compatible with Mac).

 

You can purchase TurboTax Business CD/Download from this page.

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