How do you record business expenses in TurboTax Self-Employed for a partnership? Can't use Schedule C (sole proprietor) and it's not on K-1's.
This is a multi-member LLC taxed as a partnership.
02516
1 Best answer
Anonymous_
Level 15
Oct 14, 2022 6:29:04 PM
Are these unreimbursed partnership expenses?
If so, check the box (see screenshot below) that appears after you enter the information from your K-1.
2 Replies
Anonymous_
Level 15
Oct 14, 2022 6:29:04 PM
Are these unreimbursed partnership expenses?
If so, check the box (see screenshot below) that appears after you enter the information from your K-1.
xmasbaby0
Level 15
Oct 14, 2022 6:30:13 PM
You cannot use Self-Employed to prepare a return for a multi-member LLC. You need TurboTax Business which can only be used with a Windows computer as a CD/download.