Hello,
I bought the home and business software. I entered all of my business information into the computer and it moved me right along to personal taxes after I finished. When I went back to business tab, it only displays the profit from the business and none of the details (expenses, income) I entered.
The business is a S-Corp (form 1120-S) am I going to be able to file this with this software? I guess I am confused why it took me right to personal taxes.
The reason why this was brought to my attention is because after I started entering stuff into personal taxes it then asked for schedule K-1 income (which is the income I am going to claim from the business), but it has not been filed yet. Any information would be appreciated regards to if I can file the 1120-S with the home and business software I entered the information in or do I need different software for this. Thank you.
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You should be using TurboTax Business for an S-corp--not Home and Business. You got the wrong software.
https://turbotax.intuit.com/small-business-taxes/
To call TurboTax customer support
https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number
They are available from 5 a.m. to 9 p.m. Pacific time
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