topic If i own a corporation with someone else do we both file separately or do one of us have to do it? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/if-i-own-a-corporation-with-someone-else-do-we-both-file-separately-or-do-one-of-us-have-to-do-it/01/576995#M234823 <P>I’m currently trying to file for a corporation but want to know if my partner and i can claim it separately with our personal taxes or am i the only one who can do it&nbsp;</P> Wed, 05 Jun 2019 22:00:06 GMT kbringas1 2019-06-05T22:00:06Z If i own a corporation with someone else do we both file separately or do one of us have to do it? https://ttlc.intuit.com/community/taxes/discussion/if-i-own-a-corporation-with-someone-else-do-we-both-file-separately-or-do-one-of-us-have-to-do-it/01/576995#M234823 <P>I’m currently trying to file for a corporation but want to know if my partner and i can claim it separately with our personal taxes or am i the only one who can do it&nbsp;</P> Wed, 05 Jun 2019 22:00:06 GMT https://ttlc.intuit.com/community/taxes/discussion/if-i-own-a-corporation-with-someone-else-do-we-both-file-separately-or-do-one-of-us-have-to-do-it/01/576995#M234823 kbringas1 2019-06-05T22:00:06Z Seriously, go to a tax professional!  You don't want to s... https://ttlc.intuit.com/community/taxes/discussion/seriously-go-to-a-tax-professional-you-don-t-want-to-s/01/577001#M234827 Seriously, go to a tax professional!&nbsp;&nbsp;You don't want to screw up corporate taxes, its worth the money to get it done right, rather than to try and clean up the mess if you do it wrong! Wed, 05 Jun 2019 22:00:07 GMT https://ttlc.intuit.com/community/taxes/discussion/seriously-go-to-a-tax-professional-you-don-t-want-to-s/01/577001#M234827 Lisa995 2019-06-05T22:00:07Z The corporation will file for itself.   If it is an S cor... https://ttlc.intuit.com/community/taxes/discussion/the-corporation-will-file-for-itself-if-it-is-an-s-cor/01/577005#M234829 <P>The corporation will file for itself. &nbsp;</P><P>If it is an S corporation, the S corporation tax return (1120-S) will generate an IRS Schedule K-1 for each shareholder. &nbsp;The IRS Schedule K-1 will be used to complete the owner's individual tax returns.</P> Wed, 05 Jun 2019 22:00:08 GMT https://ttlc.intuit.com/community/taxes/discussion/the-corporation-will-file-for-itself-if-it-is-an-s-cor/01/577005#M234829 SharonC1 2019-06-05T22:00:08Z