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Business & farm
For the LLC, if you are the only member then you have a single member LLC, which is considered a disregarded entity by the IRS for tax purposes. What that means is that you file the LLC on your personal tax return as if you are self-employed - in regards to the LLC. You will need to upgrade to TurboTax Self-Employed if you use Online version.
If you have a multi-member LLC, then you would have to complete a partnership return Form 1065.
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March 19, 2020
4:13 PM