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Get your taxes done using TurboTax
You need to use Turbo Tax Business.
A multi-member LLC must file their own tax return. The IRS treats this type of LLC as a partnership. This means that the LLC’s income and expenses are distributed to the members using a Form K-1. This tax return can be prepared using Turbo Tax Business.
You will include the Schedule K-1 in your personal tax return. Schedule K-1 is not reported on a Schedule C. You can use Turbo Tax Premier to include K-1 information.
Read the article below for more information on how to file an LLC return.
https://turbotax.intuit.com/tax-tools/tax-tips/Small-Business-Taxes/Limited-Liability-Company-Taxes/...
Also see the link below for information on how to purchase and install Turbo Tax Business.
https://turbotax.intuit.com/small-business-taxes/?srqs=null&cid=ppc_gg_b_stan_all_na_Brand-Business_...
A multi-member LLC must file their own tax return. The IRS treats this type of LLC as a partnership. This means that the LLC’s income and expenses are distributed to the members using a Form K-1. This tax return can be prepared using Turbo Tax Business.
You will include the Schedule K-1 in your personal tax return. Schedule K-1 is not reported on a Schedule C. You can use Turbo Tax Premier to include K-1 information.
Read the article below for more information on how to file an LLC return.
https://turbotax.intuit.com/tax-tools/tax-tips/Small-Business-Taxes/Limited-Liability-Company-Taxes/...
Also see the link below for information on how to purchase and install Turbo Tax Business.
https://turbotax.intuit.com/small-business-taxes/?srqs=null&cid=ppc_gg_b_stan_all_na_Brand-Business_...
June 3, 2019
11:05 AM