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LLC is not a form of taxation.
Is this a Partnership (such as multi-member LLC that has NOT make an election to be taxed as a corporation)?
Or is it a Single-Member LLC that has NOT made an election to be taxed as a corporation?
Or something else?
Are you using TurboTax "Business", for corporations and partnerships? Or you are preparing your personal tax return and trying to enter a K-1?
Hi AmeliasUncle - I am using the QBO link within my QuickBooks account to access year-end business filing. It takes me to Intuit TurboTax to complete the return. We are multi-member LLC.
I am unsure of the actual screens, but you need to do a "Partnership" return. There should be a place to indicate you want to start a new tax return.
If you still can't find it, hopefully someone else will come by that is more familiar with the exact screens.
Thanks-yes, the screen to select partnership came up initially as I was starting the process but I am unable to get back to that screen. Since I selected S Corp, it will only go back to the S Corp info input screen.
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