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Level 2
January 23, 2026
Question

LLC

Hello,

I opened an LLC with my husband (a partnership) in August 2025. Due to personal reasons, I did not focus much on the business. In total, we only had $300 in income.

I would like to know if, even with only $300 in income, we are still required to file taxes for the LLC.

If so, can this be done using Turbo tax?

3 replies

M-MTax
Level 15
January 23, 2026

Yes, you need to file a Form 1065 for your LLC (are you in a community property state?).

 

TurboTax Business supports preparing Form 1065 and it's a separate purchase from the personal versions of TurboTax (i.e., the versions that do 1040s).