I only want to file my corporate taxes now. Can I come back to file my personal taxes later

[saundercms]

I signed on to file turbo tax self-employed is this the correct for corporate taxes?

[bluedeb · Accepted solution]

You can file your Business tax return first, but you cannot use the Online version to file a corporate return.  You need TurboTax Business CD/Download for Windows.  The Business software is only for your Business return, you would need the Personal version of TurboTax for your Personal return.

Purchase TurboTax Business software, Federal (State is extra):

https://turbotax.intuit.com/small-business-taxes/

[VolvoGirl · Accepted solution]

No.  You would need 2 programs.  You need Turbo Tax Business.

Turbo Tax Business and Turbo Tax Home & Business are not the same.  Home & Business is for personal 1040 returns that need Schedule C for self employment income.  You can use either the Desktop program or the Online version for your personal return.

Turbo Tax Business is a separate program from Home & Business.  TT Business is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns. Not for self employed independent contractors.  Turbo Tax Business  is not available to do online or on a Mac.  You can buy the Window's version here.  And you can have both TT Business and TT Home & Business (or any personal version) installed on  your computer at the same time.

You need Turbo Tax Business.  It  is a separate program from Home & Business.  It is not available to do online or on a Mac.  And it will not do your personal 1040 return.

You can buy the Window's version here…..

https://turbotax.intuit.com/small-business-taxes

Here are the system requirements to install Turbo Tax for Windows…..

https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-...

[DoninGA · Accepted solution]

No.  The TurboTax Home & Business edition only completes a personal tax return and also includes a Schedule C for a self-employed sole proprietor/independent contractor.  The edition cannot complete a corporate tax return, Form 1120 or 1120S.

Go to this TurboTax website for the Business Edition which is used to complete and file Form 1065, 1120, 1120S and 1041 - https://turbotax.intuit.com/small-business-taxes/

The Business Edition can only be installed on a Windows based personal computer, not online or on a Mac.