Multi member LLC file a Partnership return form 1065 each and every tax year until you tell the IRS the business dissolved by filing a final return.
- For your multi-member LLC, you will need to use TT Business. This is only available for as a download and only for windows environments. https://turbotax.intuit.com/small-business-taxes/
- Once you have completed the business return (form 1065) you will use the K-1's to complete your personal tax return (form 1040). Check out the intuit home page to determine which product best suits your needs. There are numerous options for both download and online
- Multi-member LLC tax returns can be complicated, especially the initial year. I would recommend that you consult with a tax professional at least for your initial year to get started on the right path and help you understand the nuances of partnership tax.
