@wongkcus wrote:
Bumping up this thread again.
As I will file 1065 separately, K-1 forms are available within the Home & Business Version.
Appreciate some guidance please as to how I could achieve
1) Remove the Schedule C's for the LLC and replace with the 2 K-1s
2) Attach the 2 K-1s
All that and still reflect the business revenue and loss, ultimately e-file this from the Home & Business version.
You must first prepare the K-1 using Turbotax Business as part of preparing and filing the 1065.
If you are filing a 1065 for the LLC, you need to remove both schedule Cs from your personal return. Then, you can add the K-1 statements just like you would add other income statements like a 1099-B for investments.
