M-MTax
Level 15

Business & farm

Note that if your LLC is a multi-member LLC, you need to file a Form 1065 unless you elected to have the LLC treated as a corporation for federal income tax purposes.

 

If you elected to have your LLC treated as a corporation (S or C) for federal income tax purposes, then you would file a Form 1120 (C corporation) or a Form 1120-S (S corporation).

 

If either of the above is applicable, then you would need to use TurboTax Business to prepare and file the business return or use a tax professional for that purpose.