Why can't I enter my Schedule C income in TurboTax Business?
Updated: 12/09/2011
Article ID: GEN12005
TurboTax Business does not include the 1040 and Schedule C forms that sole proprietorships and most single-member LLCs need to file their tax returns.
Instead, TurboTax Business is intended for:
- Form 1120S for subchapter S (S-Corp) returns;
- Form 1120 for corporation (C-Corp) and single-owner LLC (filing as corporation) returns;
- Form 1065 for partnership and multi-owner LLC returns; and
- Form 1041 for fiduciary (estates and trusts) returns.
If you're looking for a TurboTax product that will handle your Schedule C, we recommend TurboTax Home and Business to find the business write-offs, industry-specific deductions, and correct depreciation methods that will maximize your refund.
Did you purchase TurboTax Business by mistake?
Contact us and we'll be happy to assist you further.
