Business & farm

OK what you need to do is to the file the 1065 which will generate K-1's that are given to each partner.

The 1065 is due 3-15-2019. and to do this in TurboTax you need TurboTax Business software.  https://turbotax.intuit.com/small-business-taxes/

Yes, it needs to be filed because it conducted business during the tax year.

Then the K-1 generated, the information is reported on your return.


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