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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.
Also keep in mind the date of replies, as tax law changes.
‎January 22, 2020
8:11 AM