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Level 2
December 7, 2019
Solved

What is meant by "business returns"?

  • December 7, 2019
  • 4 replies
  • 27 views

I understand when we are working with Corporate, Partnerships, S Corps, etc.  But a Schedule C can also be a business.  So when it is referred to "business returns" is the reference to the first mentioned, i.e., Corporation Return?  When I read that you can now file "business returns" I'm thinking I need to separate a Schedule C return and file separately.  Am I confused, or am I on the right path?

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Best answer by TAXOH

Schedule C is part of the individual return.  Business returns are corporate,  partnerships, s corps, fiduciary. 

4 replies

TAXOH
TAXOHAnswer
Level 10
December 7, 2019

Schedule C is part of the individual return.  Business returns are corporate,  partnerships, s corps, fiduciary. 

Just-Lisa-Now-
Intuit Community Champion
December 7, 2019
"can now file "business returns"

I believe it said Prior Year Business returns...not 2018
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 6
December 7, 2019


Lacerte has a alert on the start date for filing returns, looks like it is January 28th:

https://accountants-community.intuit.com/announcements/1790482&src=lscipa