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New Member
posted Jul 6, 2020 8:04:58 AM

I need to amend our taxes and include our LLC. I thought they were separate. Where do I add that information?

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2 Replies
Level 15
Jul 6, 2020 8:13:14 AM

Do you have a single member LLC ?    A multi member LLC ?   Did you choose the S-Corp election ?  

Expert Alumni
Jul 6, 2020 8:20:35 AM

As Critter-3 notes, if you have a multi-member LLC, you will file as a partnership (1065) using the TurboTax Business software (not Home & Business), unless you told the IRS that you wanted to be taxed as a corporation (1120S).

 

If you have a single member LLC or if you are married AND you and your spouse both work for the LLC AND you live in a community property state, then you file the LLC on Schedule C in the TurboTax Self-employed or Home & Business products.