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New Member
posted Apr 10, 2025 9:14:14 AM

how do i create a K1 for my new LLC in turbotax?

0 2 223
2 Replies
Level 15
Apr 10, 2025 9:18:31 AM

for a single member, there is no K-1. You report the LLC activity directly on your 1040.  Multimember you'll need Turbotax business to file the business return and generate k-1s 

https://turbotax.intuit.com/small-business-taxes/cd-download/ 

Expert Alumni
Apr 10, 2025 9:19:17 AM

TurboTax Desktop Business may be found here.

 

TurboTax Business Online options are here.