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Get your taxes done using TurboTax
Unfortunately, no. A multi-member LLC is by default taxed as a Partnership. If you need to prepare a Form 1065 for a multi-member LLC, you will need TurboTax Business.
Your sole proprietorship will file a Schedule C. You can choose either the Home and Business (desktop) or the Self-Employed (online) programs. Either will also handle the Forms K-1 that your partnership issues.
March 7, 2021
8:14 AM