If you are a single member LLC, you can use TurboTax Online Self-Employed or Desktop Home and Business. If you are a multiple member LLC, then you will file with TurboTax Business.
For federal tax purposes, the IRS taxes a Multi-Member LLC like a Partnership. For this type of taxation, the Multi-Member LLC will file Form 1065 (“Partnership Return”) with the IRS. This is an informational return. Also, whoever prepares the taxes for the Multi-Member LLC will also issue K-1s to the LLC Members.
