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May 8, 2025
Question

If you start a company do you have to file your personal tax return and corporation tax return separately

  • May 8, 2025
  • 1 reply
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1 reply

May 8, 2025

yes. a corporation would file form 1120 or 1120s. an individual files form 1040. if an 1120s, the k-1 reporting your share of the corporation's results would need to be included in your 1040.

 

turbotax live can do both returns but there are separate fees.