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Business & farm
If you are not in a community property state, you should have received 2- k-1's for the LLC. If you used TurboTax business, you will need to go back and correct that in there. The LLC would file a 1065 and issue a K-1 to each of you. You should not have a Schedule C if you are entering a K-1 from your LLC.
If you are in a community property state, then you would not have a K-1, you would just have two Schedule C's where all income would be reported.
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‎June 5, 2019
11:59 PM