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Business & farm
I do not know who "we" is.
The LLC, assuming that it is not a disregarded entity and that you have not chosen to be taxed as a corporation, should file its own 1065 (partnership return).
The partnership should them create K-1(s) describing the amounts being funneled to each partner.
Then each partner will file his/her own 1040 return, using his/her own K-1 as well as all the other forms that belong to the individual.
Tell me, how many owners are there? Is there just you and your spouse and you live in a community property state?
There are a lot of variables here, so the text above is just a guideline.
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‎April 9, 2020
3:10 PM