Business & farm

It is possible to do this online, but you need to have some idea of what the end goal is for the return.

  • Here is a link for TT Business https://turbotax.intuit.com/small-business-taxes/
  • Note that TT Business is only available as a download and only works in a Windows environment
  • Keep in mind, that while you can do this using the above link, depending on you knowledge level, in the end it may be less expensive to have a professional handle this; you need to factor in cost, time involved, frustration level, risk of not completing the return correctly, etc.
  • There may be a state tax return as well
  • You note that the business is not shut down.  Will it continue?  What are the plans here.  This will impact the filing of the return; can you take a position that this is the initial and final return?  Are you going to need to also file a 2020 return at some point?
  • To dissolve the entity you will need to contact your Secretary of State.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.