I have completed the tax preparation for my single-member LLC in Turbo Tax Business and am ready to file, but I want to make sure I understand the process. Should I file for the S-Corp first (using form 1120-S), then generate a K-1 for the single member, then use Turbo Tax Home & Business to file personal, using info from the K-1? This is my first year filing as an S-Corp and I want to make sure I understand the process.
