Yes, TurboTax Business will file partnership returns.
A partnership will file an annual information 1065 return to report the income and expenses from its operation but does not pay income tax. The income tax from the partnership will pass through the profits or losses to each partner. The partners will then report the K-1 issued from the partnership on their personal return.
TurboTax will file the 1065 form with K-1s being issued to each partner.
For more information on Partnerships, see the link below:
Partnerships
@brightsidenterprises
[Edited 02/8/23| 8:05 AM PST]
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