My wife and I each have an LLC. Can you file multiple LLC's on Turbo Tax's Business Software? Or do you need to buy the program(currently $170) for each LLC to file? Thank you.
031368
3 Replies
Anonymous_
Level 15
Feb 16, 2022 12:52:39 PM
Are the LLCs single-member LLCs?
If so, the LLCs are treated as disregarded for federal income tax purposes and you would each file a Schdule C as part of your individual income tax return (1040).
Anonymous_
Level 15
Feb 16, 2022 12:53:39 PM
Note that you can, indeed, prepare and file multiple Forms 1065 for multi-member LLCs with TurboTax Business.
williamjferris
Level 1
Feb 24, 2022 11:45:43 AM
My wife and I are members of both LLC's, so they are not single member. I have Turbo Tax Business which sounds sufficient for filing multiple LLC's. Thank you!