Small Business, Farm & Startup Tax Forum

Business & farm

Easily File 1099-NEC or W-2 Forms: Quick Employer Forms (QEF)

Did you pay someone to help with your business? If so, you might need to file a W-2 form for an employee or a Form 1099-NEC for contracted help. If you have bona fide W-2 employees, you’re probably already withholding taxes and you know those W-2 for... read more

Vehicle Deductions: All You Need to Know!

Do you want to drive away with massive vehicle tax deductions? Before you race to the tax-filing finish line, there are things you need to know to ensure that tax win! While vehicle deductions can be huge, there’s a great responsibility to thoroughly... read more

Self-Employed: Don’t Miss These Tax Moves!

You don’t know what you don’t know! For example, did you know that many self-employed taxpayers qualify for a health insurance tax deduction? Or did you know that if you don’t file the proper forms for employers and contractors (on time), the IRS cou... read more

Quick Links for Self-employed & Gig Workers!

Having a business is both exciting and rewarding! But it can be confusing if you don’t know what it means for your tax returns. Whether you’re starting off and plan to conquer the world with your new business, have a side gig for a little extra cash,... read more

I'm trying to enter my 529 acct # (schedule M) & TurboTax says the # should only contain numbers, but as of 27 Sep 24, they were assigned new #'s that start with an "A".

Should I just continue with the error message?

2024 W2 & 1099 Forms not available

2024 Turbo Tax Home & Business (Desktop) - W2 & 1099 Forms are still not available to be printed. What in the world could be the hold up with these simple forms?

Does everyone, 4 members, need to purchase Turbotax Business to File Taxes (Form 1065)?

Hello everyone. Thank you for taking the time to read my post and helping me out. I have an LLC with 3 other members (Total of 4). We are in the business of purchasing and leasing residential homes. Anyway, I purchased Turbotax Business and filed tho... read more

What should I file my taxes under? Business taxes or Deluxe

Hello, I worked a full-time job and started a single-member LLC business in 2024 (I work independently with no workers; no S Corp or partnership etc). I paid more in expenses than I made in income. I am aware that I can file both my personal (1040) a... read more

Form 8453-FE in TurboTax Business - Says "Do Not File"

I am filing a final estate tax return. TurboTax Business says there are no errors but when I try to e-file, it asks me to print, sign, and scan back in Form 8453-FE. But the form has watermarks that say "Do Not File" and "Return Not Final". Do I sign... read more