turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Jcoop1
Returning Member

File Business Taxes

When starting a LLC, would these taxes be filed with personal taxes? Are there resources to share on this topic in particular? 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Michele_H
Expert Alumni

File Business Taxes

Hi @Jcoop1 , it may be filed with your personal taxes or as a separate business return, depending on the type of LLC you set  up.  I am attaching several links to help you understand the LLC and structuring.  The structuring of the LLC will determine if it gets reported on the personal return (Schedule C) or as a separate business return.

https://turbotax.intuit.com/tax-tips/small-business-taxes/limited-liability-company-taxes/L5TDDlstC

Here is a link for tax filing rules:

https://turbotax.intuit.com/tax-tips/small-business-taxes/llc-tax-filing-rules/L39E29kPR

Here is a link to explain what the schedule C is:

https://turbotax.intuit.com/tax-tips/self-employment-taxes/-what-is-a-schedule-c-irs-form/L7v0iDelI

 

Good luck on your business venture!

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question