turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

We established an LLC in 2018 October. Filed single last year. 3 persons on LLC only 2 have invested Monies Need to file dan Shaw as agent 2019 profit and loss.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

We established an LLC in 2018 October. Filed single last year. 3 persons on LLC only 2 have invested Monies Need to file dan Shaw as agent 2019 profit and loss.

Dan and nancy Shaw are divorced. And yet are managers of the LLC. A third is  silent manager.

KarenM90
Intuit Alumni

We established an LLC in 2018 October. Filed single last year. 3 persons on LLC only 2 have invested Monies Need to file dan Shaw as agent 2019 profit and loss.

I am assuming you are asking how to file a tax return for your LLC. 

 

If you have three separate individuals as members of an LLC, the LLC should file a separate return for the LLC as the type of entity (generally a partnership, Form 1065) that it is set up to be.  

 

Here is a link to the TurboTax Business Software:  TurboTax Business Software

 

Each partner/member would receive a K-1 which reports their share, according to agreement or ownership percentage of the income or loss from the business on their own tax return.

 

If that is not what you were asking, please clarify.

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies