BAMBAMBAM
New Member

I have a single-member LLC that received K-1 from one of its investments. In TurboTax, where do I report the business income, interest and capital gains from the K-1?

My single-member LLC owns a 1/3 interest in a partnership.  That partnership sent a K-1 to the LLC.

Should I report the K-1 as if I received it directly from the partnership (skipping over my LLC)? 

Or should I report the various boxes of the K-1 in the "General Business Income" section of TurboTax? There really isn't a one-to-one match between those K-1 boxes and the TurboTax forms (business income/loss, interest income, capital gain/loss, self-employment income, etc)...