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I downloaded, I think, the turbo tax Business I bought at Office Depot. I want to do my LLC partnership return first and it keeps asking me questions for personal?
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January 27, 2020
3:24 PM
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Business & farm
Sounds to me like you got TurboTax Home & Business, when you need TurboTax Business.
You have to use TurboTax Business to complete and file the 1065 Partnership return. You flat out can not use any other TurboTax product for a 1065 return.
January 27, 2020
3:29 PM
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Business & farm
I have Turbo Tax Business and I figured out how to get LLC Partnership return. Now I cannot figure out how to input the Domestic Productions Activities deduction for the partners.
February 6, 2020
7:34 AM
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Business & farm
If the business qualifies for the Domestic Production Activities the information will be calculated and shown in box 20 on the K-1's for each partner.
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February 8, 2020
8:30 AM