We established an LLC in 2018 October. Filed single last year. 3 persons on LLC only 2 have invested Monies Need to file dan Shaw as agent 2019 profit and loss.

Forum|Forum|6 years ago
April 12, 2020
2 replies
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nancyshaw698Author

Level 2

Dan and nancy Shaw are divorced. And yet are managers of the LLC. A third is silent manager.

KarenM90

Level 11

I am assuming you are asking how to file a tax return for your LLC.

If you have three separate individuals as members of an LLC, the LLC should file a separate return for the LLC as the type of entity (generally a partnership, Form 1065) that it is set up to be.

Here is a link to the TurboTax Business Software: TurboTax Business Software

Each partner/member would receive a K-1 which reports their share, according to agreement or ownership percentage of the income or loss from the business on their own tax return.

If that is not what you were asking, please clarify.

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