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Business & farm
You need to file a separate Business return for the LLC. Then you will each get a K-1 to enter into your personal return. Who is preparing the LLC return?
You will need Turbo Tax Business.
TT Business is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns and will not do your personal 1040 return. It is a separate program from the Desktop Home & Business program or the Online Self Employed version.
But Turbo Tax Business is not available to do online or on a Mac. You can buy the Window's version here. And you can have both TT Business and TT Home & Business (or any personal version) installed on your computer at the same time.
https://turbotax.intuit.com/small-business-taxes
So you will need to use a Windows computer. Does your partner use Windows?
Then for you personal return any personal Desktop program will handle the K-1 you get.
If you use the Online version you need Premier to enter a K-1.
You will need Turbo Tax Business.
TT Business is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns and will not do your personal 1040 return. It is a separate program from the Desktop Home & Business program or the Online Self Employed version.
But Turbo Tax Business is not available to do online or on a Mac. You can buy the Window's version here. And you can have both TT Business and TT Home & Business (or any personal version) installed on your computer at the same time.
https://turbotax.intuit.com/small-business-taxes
So you will need to use a Windows computer. Does your partner use Windows?
Then for you personal return any personal Desktop program will handle the K-1 you get.
If you use the Online version you need Premier to enter a K-1.
‎June 6, 2019
5:19 AM