Unfortunately I can't really answer your question properly because I don't know your complete situation. I can't think of any "down side" to choosing to file taxes as a sole proprietor when you are first starting out. You are able to determine what type of tax entity your LLC will file as for federal tax purposes. You could elect to be an S-corporation, partnership (if there is more than one member), etc. At this time TurboTax does not have advising services.
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