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I own a business that had no activity last year. I filed a no activity business return in March. Do I need to report this some where on my personal taxes?
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June 1, 2019
8:40 AM
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Business & farm
If it was a Corporation or an S-Corporation, yes the K-1 that has been generated would be reported on your personal return. You would need to use Turbo Tax premier to report the K-1. You will also be able to report your other personal tax information in the program.
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June 1, 2019
8:40 AM