Joint business ownership

[ronjohn]

My business partner and I jointly own a LLC. However in Turbotax online it doesn't ask me if it's own by anyone else other than my spouse. Is it possible to annotate it's a partner owned business or should i just make expenses half?

[SweetieJean · Accepted solution]

To file a Partnership return, you need TT Business. It is only available as a desktop version, and then only for Windows.

https://turbotax.intuit.com/small-business-taxes/

Also see:

https://www.irs.gov/businesses/small-businesses-self-employed/partnerships