Congratulations on your new LLC! As a partnership, the LLC will need to file a partnership tax return (Form 1065). The partnership income will flow through to you and your partner via a Schedule K-1 that will be produced with the partnership tax return. The partnership will report the income and expenses and show either a profit or a loss. That profit or loss figure is what flows through to your personal tax return. More information can be found below:
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/form-1065-u-return-partnership...
https://ttlc.intuit.com/community/business-taxes/discussion/i-need-to-do-my-business-partnership-tax...
https://www.irs.gov/pub/irs-pdf/p541.pdf
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