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June 3, 2019
Question

I own a small business. If I want to keep my personal and business income/expense separate, which product should I use?

  • June 3, 2019
  • 1 reply
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I am using "self-employed quick books" for my small business accounting.

1 reply

PatriciaV
Employee
June 3, 2019

Yes, if you are self-employed, your business activity is reported on Schedule C of your personal tax return. Your business does not file a separate tax return.

Business income and expenses, inventory, and business assets are  reported in the Business section of TurboTax Self-Employed Online. To find this section, search on "schedule c" to jump to the start of that topic.

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