Do I select yes or no to "informational returns filed under the return employer ID number"?

[smsantella]

• Multi-member LLC
• For tax purposes, considered a partnership
• Initial filing year (2020) for the LLC
• Operating at a loss this year
• No salaries or wages paid to partners (no W2's)

On the last question before e-filing, there is a question that asks about informational returns, not entirely sure what this means? I plan on generating and distributing K-1's to all 3 partners (including myself).

[Critter-3 · Accepted solution]

Partners are NEVER issued W-2 or 1099 forms so unless you have employees or sub contractors  the # of W-2 forms is zero and then you did not file payroll tax forms.  You should be issuing K-1 forms so your screen shot is correct as is.  

[smsantella]

Awesome, thanks! In what situation would I select NO to that question? I am bit confused with the wording.

Would the answer be NO if I didn't provide any K-1's as well?

[Critter-3]

That exact set of questions are used for all non personal returns and on occasion the form 1041 will not produce K-1 forms  but a 1065 will always produce a K-1 for each partner.