M-MTax
Level 15

Investors & landlords


@VolvoGirl wrote:

Then depending on when he started the LLC he may have been filing every year the wrong way?


I suppose we have no real way of knowing. 

 

However, @_John__ wrote, "Starting my 2025 LLC tax preparation and TurboTax Business...". If, by that, @_John__ means he's starting his 2025 fiscal year return (i.e., the one due in February), he's using the wrong edition of TurboTax Business (should be using 2024 TT Business). If the return being currently prepared by @_John__ is for the 2026 fiscal year, that thing is way early as that 2026 fiscal year return isn't due until February of 2027.