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New Member
posted Apr 13, 2025 11:19:13 AM

My company is a LLC and i am the only owner. turbotax keeps asking me partnership questions and am unable to do my taxes. any help? ty

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1 Replies
Expert Alumni
Apr 13, 2025 11:45:15 AM

Are you in the Business tax return?  A single owner LLC may take several forms including a sole proprietor reporting on Schedule C of the Federal 1040 income tax return.  

 

An LLC with multiple owners may be reported as a partnership.

 

If you are in the Business tax return, you have started a partnership tax return.