File taxes

[4sonyia]

• How do i file taxes with new business and dependants all in one. Can i file with Turbo Tax. And how can i get a hold lifted on my dependants tax return a scammer tried to claim after I already claimed? And how does that  affect my filing.

[Katherine S 63]

This is a tough one to answer because I have to assume....you are a sole proprietor and will report your income and expenses on your 1040, Schedule C.  You will go to Wages and Income and then find self employment income.  (if you have a partnership or S/C corp, then you would need to use our Business tax software to create a K1 and that K1 would be added to your 1040 in Wages and Income, find Partnerships, Corps and Trusts).

Assuming your are Self employed, here are some of my favorite links:

Self employment tax  Talks about social security and Medicare taxes

Self employment tax hub with calculator  Helps to answer questions and figure out if you need to pay estimated taxes

Self Employment income and expenses  Talks about income and expenses.

If you were supposed to claim the dependent, then I would add that child to your return and then you will want to Paperfile the return.

You will not be able to Efile the return.  Sign, date and mail it to the IRS and your state via certified mail.

You also might want to call the IRS to ask more about this.  Have your dependent with you incase they need to verify the dependent.

Here are the numbers that are best to call and assistance with the prompts.

1-800-829-7650

or 1-800-829-1040

Once you've set your language

Press 1 for forms, tax history or payments

Next press 3 for all other questions

Next press 2 for all other questions

enter SSN

After it asks twice, you will be prompted with another menu

Press 2 for personal or individual tax questions

Finally press 3 for all other inquires

I sure hope this has helped.

If you reply back, I will try to keep an eye open to assist further.

Please give me a thumbs up if this was helpful.

Katie S.

[Emack_EA]

Hello @4sonyia to file your tax using one Intuit product please please check Turbotax Home & Business 2023 for Window or Mac. Here's the product details:

• Get your personal and self-employed taxes done right
• Extra guidance for self-employment & business deductions
• Boost your bottom line with industry-specific tax deductions.
• Help along the way - get answers to your product questions, so you won't get stuck.
• Includes 5 free federal e-files and one download of a TurboTax state product. State e-file sold separately.
• Your information is safeguarded - TurboTax uses encryption technology, so your tax data is protected while it's e-filed to IRS and state agencies.
• NEW: Save time by uploading a picture or PDF of your W-2 or 1099-NEC to import your data securely into the right forms
• Simplified asset depreciation and reporting
• Audit Risk Meter checks your return for audit triggers and shows your risk level
• Before you file, TurboTax runs thousands of checks to help identify missing deductions or credits

The product will search for the deductions and credits you deserve, so you’re confident you’ll get your maximum refund.

[taxcpa]

I would need some more information on your issues regarding the new business and dependents. Yes you can file with Turbotax. For issues of identity theft, you will need to contact the IRS by phone or on their website  at https://www.irs.gov/newsroom/taxpayer-guide-to-identity-theft.

Your tax return could be rejected by the IRS if someone else has already filed. Please contact the IRS for further guidance and direction.

[4sonyia]

Yes LLC. 

[Katherine S 63]

You can be a sole proprietorship LLC and a scorp/partnership LLC.  If you are just you, yourself and never organized as an S/C Corp or Partnership, then you would use the 1040 and put your income on Schedule C, self employment income and expenses.

Best of luck to you!!!

I sure hope this has helped.

If you reply back, I will try to keep an eye open to assist further.

Please give me a thumbs up if this was helpful.

Katie S.

[Katherine S 63]

And if you call the IRS, best to call at 7am and not on a Monday!!

You will thank me later!!  😉

[xmasbaby0]

If someone already used your dependent's SSN on a tax return then  you will not be able to e-file this year.   You will have to file by mail.   Print, sign and date your return in ink, and mail it.  The IRS will sort out the duplicate use of the dependent's SSN.

If you have a business---are you a sole proprietor?-- then you will need to use online Self-Employed or any version of the CD/download so that you can enter your business expenses on a Schedule C.  You will be paying self-employment tax for Social Security and Medicare, as well as ordinary income tax.  If you also have income from a W-2 job, that is fine, and you can also enter that income --- it all goes on the same Form 1040.

https://ttlc.intuit.com/questions/2926899-how-does-my-side-job-affect-my-taxes

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922

https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax

https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c

https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct

https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs

https://turbotax.intuit.com/tax-tools/calculators/self-employed/