Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
vikholm
New Member

Can I file as self-employed with an incorporated business, as well as have no paperwork showing no personal income was made?

 
1 Reply

Can I file as self-employed with an incorporated business, as well as have no paperwork showing no personal income was made?

Hi, thank you for using Intuit TurboTax Community

The corporation must file a T2 tax return every year.  An individual files a T1 return reporting income for the year. The two are separate, the corporation can pay shareholders dividends or employees, employment income, but the corporations income is not directly reported by shareholders

Hope this helps