I have already completed the Schedule K portion for the partnership. Just trying to determine how to report the sole proprietor portion LLC.
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if you are a sole proprietor as an individual, then you report on sch.C
if you are a "single member LLC, a disregarded entity for IRS purposes, you also report on sch C
consult your accountant for all tax questions!
good luck
If you have already completed the final Partnership return and have entered the K-1 form in your personal return in the Personal income section then to enter the Sch C income & expenses go to the BUSINESS tab of the H&B program you are using.
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