steppy
Returning Member

new LLC, rental and import

Hello:

 

late in 2019 we set up a NEW SOLE PROPRIETOR LLC. No income until 2020. Also have existing rental property income NOT part of LLC that was reported previous years.

We are using Home & Business version on Macintosh.

I understand that the sole proprietor LLC should be handled by  TTH&B but have read in another question reply  that for LLC we need to start NEW return.

 

Should we be able to import last year return and then add LLC or do we really need to start again from beginning?

 

Also; for the LLC we have Quickbooks records. My guess is that import from Quickbooks should be fairly intuitive, but, have never done it. What quirks (if any) should we be preparing for? 

 

Thanks in advance for assistance.

 

stephen