Deductions & credits


@danielle-51 wrote:

Sorry, "we" are an LLC, taxed as a partnership. So what does this mean? How do I account for this?


I presume you're using TurboTax Business to prepare the 1065 for the LLC?

 

Click the FEDERAL TAXES tab, then Deductions, and then the Start button to the right of Cost of Goods Sold. You could enter the expense under Cost of Labor.