- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
STOP BACK UP! You need to prepare a separate 1120 S return, not Schedule C. You will get a Schedule K-1 from the business return to enter into your personal 1040 return. You probably should go to a local accountant to get it set up right the first year.
You need Turbo Tax Business. It is a separate program from Home & Business. It is not available to do online or on a Mac. And it will not do your personal 1040 return. And you can have both TT Business and TT Home & Business (or any personal version) installed on your computer at the same time.
You can buy the Window's version here…..
https://turbotax.intuit.com/small-business-taxes
February 14, 2023
11:02 AM