My wife and I formed an LLC this year and will be using Turbotax Business for the first time having files the business expenses on our Joint return in previous years. Product development is underway, prototypes have been made, and adjustments to the final product are still being finished. Our intent for now is to license the product so someone else handles everything else. My question concerns how to complete Turbotax blocks where it asks what type of business, what product or service does it provide, and what our Business Code is. At this point I consider the business type to be "Investment", it doesn't presently provide a product or service so I left that box blank, and I've used a Business Code of 541600. Looking for help on these issues please.
