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September 5, 2020
Question

I need to file my 2019 taxes for my business. Can I do this on the app?

  • September 5, 2020
  • 1 reply
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1 reply

DoninGA
Employee
September 5, 2020

If you are a self-employed sole proprietor/independent contractor or a single member LLC that has not incorporated then you need to enter your self-employment income and expenses on a Schedule C.  The Schedule C is part of and included with your personal tax return, Form 1040.

Using TurboTax online you would need the TurboTax Self-Employed online edition.

Your post indicates you are currently using the TurboTax Live Self-Employed edition, at $200, which includes Live CPA/EA tax expert support.

 

If your business is a Partnership, C Corp or S Corp then you would need the TurboTax Business Edition.  The Business Edition can only be installed on a Windows based personal computer, not on a Mac or online.  The Business Edition cannot complete a personal tax return, Form 1040.

Go to this TurboTax website for the Business Edition - https://turbotax.intuit.com/small-business-taxes/