Because your business is a partnership, you cannot do the tax return in TurboTax Home and Business. You will need TurboTax Business to do the LLC partnership return.
Included in the partnership tax return is a Schedule K-1 for each partner. Each of you will enter your Schedule K-1 from the partnership in TurboTax Home and Business/Premier/Deluxe when you do your personal tax return.
See the information at this IRS website for more information about entities for married couples. Note that there is an IRS option for a married couple to not be treated as a partnership, but that couple's bu..., with an LLC included in the definition of "incorporated".
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