I took over an existing business last year. when i file taxes for the business, should i open a new intuit account? can i just also do my business taxes alongside mine?

Forum|Forum|3 years ago
April 2, 2023
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TurboTax Online

xmasbaby0

Employee

Please explain what kind of business you have. If you are a sole proprietor you just enter your self-employment income with all of your other income on your Form 1040. If you now have an Scorps, C corps, or multimember partnership you need to use TurboTax Business on a Windows computer.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

JamesG1

Yes, create a new account. You may have multiple Intuit accounts under your email address, phone number or user ID.

What kind of business tax returns are you filing? TurboTax Business prepares partnership, S corporation, C corporation or multi-member LLC tax returns.

TurboTax Online will file only one Federal tax return.

However, TurboTax CD/Download Desktop version will electronically file up to five Federal tax returns.

@pghall84

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