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wjdunn3
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I have a 2018 two member LLC treated as S-corp....When starting my business tax return in TTB, do I pick Multi-Mbr LLC or S-Corp as the business entity?

Need to know how to start my return in Turbo Tax Business (TTB).  My two Mbr LLC is treated as an S-Corp (granted by IRS), so when I start my return in TTB I am asked "What Type of Business Entity or you?"...Do I pick Multi-Member LLC (Form 1065) or S Corporation (Form 1120S)?  

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JulieCo
New Member

I have a 2018 two member LLC treated as S-corp....When starting my business tax return in TTB, do I pick Multi-Mbr LLC or S-Corp as the business entity?

If you have elected to be treated as an SCorp, then select SCorp as that question specifies the type of tax return (Form 1120S) that will be created.

See more information here:  https://www.irs.gov/businesses/small-businesses-self-employed/llc-filing-as-a-corporation-or-partner...


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2 Replies
JulieCo
New Member

I have a 2018 two member LLC treated as S-corp....When starting my business tax return in TTB, do I pick Multi-Mbr LLC or S-Corp as the business entity?

If you have elected to be treated as an SCorp, then select SCorp as that question specifies the type of tax return (Form 1120S) that will be created.

See more information here:  https://www.irs.gov/businesses/small-businesses-self-employed/llc-filing-as-a-corporation-or-partner...


I have a 2018 two member LLC treated as S-corp....When starting my business tax return in TTB, do I pick Multi-Mbr LLC or S-Corp as the business entity?

If this is your first S-Corp return then getting professional help for at least the initial return is highly suggested ... and I hope you put the corp on extension as it was due last Friday.
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