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ag113
Returning Member

Turbotax business (How do I file as an S-Corp)

I recently bought and completed a Turbotax Business package but realized it never asked what type of LLC I own. When I created the business, I selected S-Corp and know there's a specific tax form for that. However, the program didn't ask...does it know based on the information I provided and automatically generate the appropriate return? Or do I need to file something separately?

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3 Replies

Turbotax business (How do I file as an S-Corp)

Choose the entity that corresponds to the type of return you need to file.

 

In you case, if you have an LLC with an S corporation election, you will be filing an 1120-S.

ag113
Returning Member

Turbotax business (How do I file as an S-Corp)

That sounds fine however, the program does not ever ask that 

Turbotax business (How do I file as an S-Corp)


@ag113 wrote:

That sounds fine however, the program does not ever ask that 


It does when you start a new return.

 

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