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does Turbotax software do Single Member LLC tax returns? It does not let me enter "1" as teh answer to "How many members does the business have?"

 
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does Turbotax software do Single Member LLC tax returns? It does not let me enter "1" as teh answer to "How many members does the business have?"

Yes.  It depends on how your Single Member LLC is set up.   Are you using the separate Business Desktop program?   

 

A single owner LLC would be reported on your personal 1040  Schedule C as self employment unless the LLC elected to be treated as an S corp or C corp.  So you would fill out a schedule C in your personal return for it.  Home & Business version is for personal 1040 returns, including returns that have a schedule C.  Or you can use the Online Premium version to fill out Schedule C.

 

If your Single Member LLC elected to be a S corp you need to file a 1120-S return using the Business program.   Did you pick 1120-S when you started?   

 

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