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I am part of an Investment club that is a LLC. It is not my primary source of income. How do I file my K1?
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I am part of an Investment club that is a LLC. It is not my primary source of income. How do I file my K1?
If you received a K-1 for your multi-member LLC, you'll enter that in TurboTax by clicking on the Federal Taxes tab, then Wages & Income, then scroll down to Other Business Situations and select Schedules K-1, Q. Then follow the prompts.
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I am part of an Investment club that is a LLC. It is not my primary source of income. How do I file my K1?
If you received a K-1 for your multi-member LLC, you'll enter that in TurboTax by clicking on the Federal Taxes tab, then Wages & Income, then scroll down to Other Business Situations and select Schedules K-1, Q. Then follow the prompts.