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Get your taxes done using TurboTax
It depends. If you are the only member of your LLC and did not file Form 8832 with the IRS to be taxed as a corporation or partnership, then you can put your LLC on your regular income tax return.
You will need TurboTax Self-Employed Online or Home & Business CD/Desktop. Premier does not handle Independent Contractors. When you are filling out your business information, the business name will be the full name of your LLC as listed on your paperwork. TurboTax will also ask if you have an Employer Identification Number (EIN). If your LLC has one, enter the number.
If you elected to be taxed as a S-Corporation or Partnership, then you will need TurboTax Business to prepare the corporate or partnership return. This return will include a Schedule K-1 form, which shows your portion of income, deductions and credits from your LLC. You can plug a Schedule K-1 into your personal return with Premier.
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