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Business & farm
The K1 I received was from a multi member LLC to which my LLC is a member. I was planning to file as a disregarded entity for my husband and wife LLC in CA. My understanding is that I need to file 2 schedule Cs, one for each of us. So given the K1 was for interest income for my LLC, I am assuming that should go on schedule C. In TT, one can only enter K1 for personal income. So the question is how to enter for business and whether one needs to send copy of K1 with the files return. Thanks.
‎June 1, 2019
6:17 PM