You need to file the multi-member LLC income and deductions using the TurboTax Business product, as a partnership form 1065, from which you will generate K-1 schedules for you and your spouse. You will file your personal tax return using the Home and Business, or also known as Self-Employed TurboTax product on which you will enter self-employment income for the single-member LLC, it will show up on a schedule C. The K-1 forms will show on the second page of schedule E.
The K-1 schedules get entered in the S-corps, Partnerships and Trusts section (in the Wages and Income area) and the Single-member income and deductions get entered in the Self-employed income and expenses area.
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