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Business & farm
not exactly. The TT pro said if i live in another state i have to prepare the llc 1065. I responded that I was in OK, (so not a CP state). Since TT pro said file 1065 and did not mention Sc. F, I asked that we would be filing 1065 in lieu of sc. F. TT pro responded we file the 1065 (no sc. F mentioned again). Later after others responded elsewhere to 2nd question stating we do file the sc. F, TT Pro at that time responded that we do file Sc. F and attach to 1065. Not much misunderstanding or misconstrued from what I was told in black and white. Just got off phone with TT CPA and stated I do file Sc. F, it gets added to the 1065. Farm expenses/income like materials/supplies/crop seed/utilities/etc go in sc. F, and startup costs (like llc license, etc. go in 1065 business organizational costs. After 3x TT Pro's (CPA or EA), I hope this is the last and final correction to how to file a partner llc farm business in OK. I surely don't want the IRS breathing down my neck for incorrect filing. I'm not a huge corp with investments and interest accounts, depreciating assets, etc., and have relatively simple expenses (no income yet)...shouldn't be that hard to file.
‎June 1, 2019
1:00 PM