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July 20, 2024
Question

What would be the total cost to have turbo tax do my business tax for me?

  • July 20, 2024
  • 1 reply
  • 0 views

it is my first time doing self employed taxes. there is an option to have turbo tax do my return for me but does not give me a total cost. the number given is smaller than the amount to do it myself and have them review. does not seem right. or can someone tell me how to do 2 reports? one for my first 30,000 made. second for the remaining taxable income. thanks

    1 reply

    July 23, 2024

    You can see the current price for a TurboTax's Full Service Self Employed return on our website here: Tax Filing For Self Employed 

     

    If you have more than one self-employed business (t2125) you can add them to the same return. But, if your spouse/partner's return is done at the same time as your return, that will count as 2 returns.

     

    If one or both of your businesses is incorporated, you would need to file a T2 return for your corporation. The T2 would be separate from your personal T1 returns. We don't have a Full Service product for T2 returns, but you can use TurboTax Business Incorporated to prepare T2 returns yourself. 


    Thank you for choosing TurboTax.