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July 10, 2019
Question

sold my business in 2016

  • July 10, 2019
  • 1 reply
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how can i file using turbo tax

    1 reply

    Critter
    Employee
    July 10, 2019

    Well all 2016 returns must be paper filed and you have to use the correct 2016 downloaded program ... you did not say what kind of business you had ...

     

    If it was filed on a Sch C as a sole proprietor that goes on the personal return ... if you have already filed the return then you will need to amend it ... you can use Deluxe to save a couple of bucks ...    https://turbotax.intuit.com/personal-taxes/past-years-products/2016/

     

    If it was a partnership or incorporated you need the Business version ... Home & Business will NOT work ... 

    https://turbotax.intuit.com/personal-taxes/past-years-products/2016/   ... then if you produce a K-1 it needs to go to the personal return ... again amend if you had filed it already.