This program is used to self-prepare an Individual Income Tax Return (Form 1040) and state individual income tax returns.
Due to this, the program only supports the generation of the Schedule C, Profit or Loss From Business (Sole Proprietorship), Schedule E, Supplemental Income and Loss and Schedule F, Profit or Loss From Farming forms. These business forms are to be attached to the 1040, Individual Income Tax Return form.
At this time, we do not support the preparation of business returns (1065, 1120, 1120S).
You can find the forms and instructions for these business returns, here.
What if I received Schedule K-1 forms?
If you received Schedule K-1 forms these can be entered under:
- Less Common Income
- K-1 Earnings
- Select the appropriate form number