turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jdoyle122
New Member

I have business tax question if I started an LLC last year. I filed my business taxes in March 2017. Do I have to do them again with my personal taxes now.

I used turbotax Business for my business taxes already
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
WillK
Intuit Alumni

I have business tax question if I started an LLC last year. I filed my business taxes in March 2017. Do I have to do them again with my personal taxes now.

When you filed the partnership return, it should have generated a Schedule K-1 which will report the income/expenses of the business. You will need to report the K-1 on your personal return. You will need at least Turbo Tax Premier to report the K-1. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

3 Replies
WillK
Intuit Alumni

I have business tax question if I started an LLC last year. I filed my business taxes in March 2017. Do I have to do them again with my personal taxes now.

What kind of entity is it?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
jdoyle122
New Member

I have business tax question if I started an LLC last year. I filed my business taxes in March 2017. Do I have to do them again with my personal taxes now.

LLC Partnership sales on e-bay I lost money
WillK
Intuit Alumni

I have business tax question if I started an LLC last year. I filed my business taxes in March 2017. Do I have to do them again with my personal taxes now.

When you filed the partnership return, it should have generated a Schedule K-1 which will report the income/expenses of the business. You will need to report the K-1 on your personal return. You will need at least Turbo Tax Premier to report the K-1. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies