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April 13, 2025
Question

How do I file business DIY?

  • April 13, 2025
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April 13, 2025

To file your business taxes DIY using TurboTax, follow these steps:

 

  1. Gather Necessary Documents: Collect all records related to your business earnings and expenses. This includes receipts, invoices, bank statements, and any other financial documents
  2. Choose the Right TurboTax Product:
    1. TurboTax Home & Business: Ideal for sole proprietors and 1099 contractors.
    2. TurboTax Business: Suitable for corporations, partnerships, and LLCs
  3. Enter Business Information:
    1. Navigate to the business section in TurboTax.
    2. Answer questions about your business income and expenses. TurboTax will guide you through the process and fill in the appropriate forms

For more detailed guidance, you can refer to TurboTax's small business tax filing guide here and the IRS e-file options for business taxpayers here.