It depends on the type of LLC.
Single member LLC - (or husband/wife LLC in a community property taxes and you elect disregarded entity) is considered a disregarded entity for US federal income tax purposes. If LLC treated as disregarded entity then you have a
Schedule C filing (you can start with TurboTax Deluxe with a possible
upgrade to TurboTax Self-Employed for more complicated filings). If a rental property LLC, then Schedule E would be needed (which is in TurboTax Premier and higher).
For more information see Single Member Limited Liability Companies
Multi member LLC - is considered a separate entity and will need to be reported on a separate federal income tax return (you will need TurboTax Business, you can purchase a downloadable copy here ) If reported as a partnership (Form 1065), you will need to include your K-1 from this partnership with your individual US federal income tax return. In this case, you would need TurboTax premier or higher to report your K-1 (If LLC files as a partnership.)
