Turbo Tax question

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  • LD14
    Daycare.com Member
    • Aug 2014
    • 12

    Turbo Tax question

    I run my daycare as a sole proprietor and I have a business license registered to me with the name of my daycare on it. I don't have any accounts with my business name on it, I deposit my checks into my personal account and I've paid estimated taxes using my SSN (as a self employed sole proprietor). I'm not 100% sure how to answer this question in Turbo Tax:


    This business is owned by: (me)


    I use my own name for my business name.
    OR
    My business has a different name from my own.


    I attached a screen shot of the page so you can see it in context.

    Thanks!
    Attached Files
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    Originally posted by LD14
    I run my daycare as a sole proprietor and I have a business license registered to me with the name of my daycare on it. I don't have any accounts with my business name on it, I deposit my checks into my personal account and I've paid estimated taxes using my SSN (as a self employed sole proprietor). I'm not 100% sure how to answer this question in Turbo Tax:


    This business is owned by: (me)


    I use my own name for my business name.
    OR
    My business has a different name from my own.


    I attached a screen shot of the page so you can see it in context.

    Thanks!
    If you use a business name in your work, enter that. If not, say you use your own name. It really won't make much difference with Turbo Tax.
    http://www.tomcopelandblog.com

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