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The page strongly recommends that the plan be setup on the IRS site, because the fees will be less, and not by filling the form on TTAX  But once the plan is set up on the IRS site there is no option to e-file on TTAX if the plan is setup that way.

Partnership returns are prepared using TurboTax Business Desktop or TurboTax Small Business Online. While you have missed the filing deadline, the longer you wait, the more penalties accrue. Since this is your first year, you might consider signing up for TurboTax Expert Assist Business, which provides unlimited expert help as you work on your return.   If you have already filed your personal 1040 return, you can file an amended return once you have Schedule K-1 for the LLC. 

Your response makes sense but the practical reality is TT and EJ are pointing the finger at each other for who is to blame which meant I couldn't do efile as TT stopped from filing electronically with those errors.  I played around with other values and then got different error messages so I adhere to the belief there were issues on both sides.  

There was an update done for Virginia and I am wondering if the update is now doing it wrong. On line 1 of the Virginia Limited Itemized deduction worksheet, it says line 5a should not exceed $40,000 for MFJ. But should that amount mirror what deduction you were allowed on your federal return?  

@Movie-Nut   There are many reasons why taking the S tandard Deduction is better than Itemized if the end result refund/tax due is the same.  One is if you itemize deductions then a state refund will be taxable the next year.  

would be great hearing from Rick.   There is some minor income on the K1 forms that covers the time between when it got to my brokerage account and when it was sold.   I think I've got that part covered.   I'm just confused on what basis to use both for the 1099-B input as well as the K1 inputs.  

The tag below your question indicates that you are using TurboTax Live (TurboTax Experts). If that's true, you should address your questions to a TurboTax Live tax expert. You are paying extra for that service. See the following FAQ for instructions to contact a TurboTax Live tax expert. How do I connect with a tax expert in TurboTax Experts? Even though you are getting a refund, you can have an underpayment if you did not pay enough earlier in the year. It's not just the total amount you paid, but when you paid it.  

If you are seeing "Needs Review" for any of your entries, go to Federal Review in the left column and run Smart Check. This process will generally point out any missing entries or other issues you need to fix on your return. You can run this review at any time while working on your return.

Foreign Tax Paid is typically reported on Form 1099-DIV Box 6.   Enter Form 1099-DIV under Federal Taxes >> Wages & Income >> Interest & Dividends >> Dividends on From 1099-DIV. Check the box "My form has info in more than just these boxes (this is uncommon)" to reveal the rest of Form 1099-B, including Box 6.   When you are finished entering dividends, be sure to go to Foreign Taxes to see if you qualify for the Foreign Tax Credit. Use the Search box in the TurboTax header to jump to "foreign taxes."

Your best option is to seek the advice of a local tax professional who will be able to review your entire tax situation and provide guidance based on your previous and future tax history. Use this link to Find a TurboTax store or Expert office near you.

You may be able to combine shares that were used to pay taxes into one or two lines. The dates are used to determine if the sale was short- or long-term. Be sure to combine the shares based on those criteria.

As nonresidents of the US, you would need to file Form 1040NR: U.S. Nonresident Alien Income Tax Return, which is not available in TurboTax Online. However, TurboTax has a partnership with Sprintax offering a nonresident tax filing solution to our TurboTax customers.   Visit the TurboTax/Sprintax site for more info or to get started.   Also note: To apply for an ITIN, complete IRS Form W-7, IRS Application for Individual Taxpayer Identification Number. Form W-7 requires documentation substantiating foreign/alien status and true identity for each individual.   You can mail the W-7 and documentation to the address in the Form W-7 Instructions. Bring it to your local IRS office, or use an acceptance agent (colleges, financial institutions, or accounting firms that are authorized by the IRS to assist applicants in obtaining ITINs). They'll review the W-7 and documentation before sending it to the IRS.