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sredoute
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Llc partnership filing separately

Hello, we just got married last year, but in the same year opened a partnership LLC. We would like to file separately this year instead of jointly. How do we go about reporting the LLC sales and deductions? Do we each take half, or does one person take it all? 

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Llc partnership filing separately

Partnerships file a 1065 partnership return, then each partner gets a Form K-1 from the partnership to include on their individual personal returns.     Partnership returns are due by March 15th, 2017.   You need TurboTax Business for prepare and file a partnership return.
https://turbotax.intuit.com/small-business-taxes/
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