Tallie LLC questions 1-31, #3

[Tallie]

3. How can I ensure accurate reporting and compliance for my LLC's tax filings on TurboTax, especially given its history of non-filing?

[KimberW]

TurboTax provides an accuracy guarantee for all of its products. In short, we guarantee that the calculations for our software are correct. But, your prior questions refer to not having filed LLC returns for ten years. TurboTax software is only available for the current year and three prior years (TY2020-TY2023).

You may be best served by working with our Verified Pro network to sort out these returns and bring your company's tax status up-to-date. These are tax professionals who can work with tax years older than what we support. And, they often have experience in helping to minimize or reduce penalties and fees for late filers.

Thank you for participating in this event!

-- KimberW