Just to clarify:
@Opus 17 stated "If your LLC made the election to be treated as an S-corp, you must file a separate form 1120 business return..."
Actually, in this instance, you would need to file form 1120-S along with the applicable Schedule K-1.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
