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Level 1
posted Mar 10, 2020 2:48:18 PM

Is it possible to file our Business taxes with Turbotax? We own a Partnership LLLP. I can only find info on partnership LLC's. What I use for Partership LLLP taxes?

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1 Replies
Expert Alumni
Mar 10, 2020 3:11:09 PM

A limited liability limited partnership (LLLP) is considered a limited partnership, and as such should report it's income and expenses for federal tax purposes on a partnership form 1065. You can prepare that return using the "Business" TurboTax product.