Question

How to file business tax return

Forum|Forum|4 years ago
April 3, 2022
2 replies
0 views

I have online store and I have only 6 sales last year . I’m not sure how to file for business return or what form to use.

TurboTax Deluxe Online

LeonardS

You will use Schedule C Profit or Loss from Business to report your self-employment income and expenses.

To enter your self-employment in TurboTax follow these steps:

Open or continue your return
Search for schedule c and click the Jump to link in the search results
Answer Yes to Did you have any self-employment income or expenses?
If you've already entered self-employment work and need to enter more, select Add another line of work
Follow the on-screen instructions to add your self-employment information.

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B

Bigjohn17201

I need to file an 1120 s for a client, not a schedule C how do I move the info over?

E

ErnieS0

You can't import information from a personal return to a business return. They are two different programs @Bigjohn17201.

You can prepare a Form 1120S using TurboTax Business. If you reported the information on Schedule C last year, you'll have to enter everything fresh into TurboTax Business. The same applies if you've already prepared the self-employed section in TurboTax.

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