topic I am checking on this. in State tax filing

Do I need to file a TC 65 with Utah? I have a 2 member LLC organized in Utah. I live in Tennessee and the other member lives in Florida. Only have losses this year.

cdrisom — Sat, 01 Jun 2019 17:15:10 GMT

I've already done 1065 with Turbotax Business. If I need to do Utah return can I use Turbotax Business for that also?

Yes, it looks like you do need to file a TC65. The Utah F...

Cindy0H — Sat, 01 Jun 2019 17:15:11 GMT

Yes, it looks like you do need to file a TC65. The Utah Form TC65 is supported by TurboTax Business.

A partnership or other entity treated as a partnership for federal tax purposes with any partners or members who are not Utah resident individuals or that is itself a pass-through entity taxpayer is required to file a TC-65.

TC65 Instructions:

https://tax.utah.gov/forms/current/tc-65inst.pdf

Thank you for the timely response. I never got an answer...

cdrisom — Sat, 01 Jun 2019 17:15:13 GMT

Thank you for the timely response. I never got an answer to my other question, so, I was hoping I'd get an answer to this one. Thanks again.

I think I have presented this question before but never r...

cdrisom — Sat, 01 Jun 2019 17:15:15 GMT

I think I have presented this question before but never received an answer. My single member LLC purchased a property to flip 2/14/18. On 3/13/18 the agent/owner who sold me the property became a partner in the LLC. The house was flipped 3/4/2019. Due to differences of opinion as to documentation needed to pay 'requested' expenses and claim expenses on tax returns, he will be getting out of the LLC. A final return is to be done within three months of his exit, so, will I use 2018 turbotax business or will 2019 be out by July/August 2018? Or maybe I should just get a CPA, since he received the full commission when I purchased the property and half of the commission when it was sold; so, he would not be eligible to expense the first commission and only eligible for half on the sale, whereas I should be able to expense both. Correct? I'm sorry it's so complicated.

Complicated taxes often call for a tax professional.

Cindy0H — Sat, 01 Jun 2019 17:15:17 GMT

Complicated taxes often call for a tax professional.

Is there a number for business software tax professional?...

cdrisom — Sat, 01 Jun 2019 17:15:20 GMT

Is there a number for business software tax professional? when I click on picture at the side, it takes me to a page to do freefile.

I am checking on this.

Cindy0H — Sat, 01 Jun 2019 17:15:21 GMT

I am checking on this.

TurboTax does not offer that service for the TurboTax Bus...

Cindy0H — Sat, 01 Jun 2019 17:15:22 GMT

TurboTax does not offer that service for the TurboTax Business program. I would look locally for a CPA or Enrolled Agent.

Ok, I assume (yes, I know what that does) you mean you do...

cdrisom — Sat, 01 Jun 2019 17:15:26 GMT

Ok, I assume (yes, I know what that does) you mean you don't answer the question that I asked; because the literature for your turbotax business says, "File with confidence. Get personalized guidance and support on S Corp, partnership, C Corp, and multi-member LLC or trust tax forms." It also, states "Get one-on-one answers to your questions from our Customer Support Agents Via phone, for free." In the brochure that comes in the software package it states, "Get answers your way, by phone or on line." Also, "Free U.S. based product help by phone and easy-to-understand answers online 24/7" One more thing, on Sam's website and the display in their store, it says for PC and MAC; however, after purchasing it and trying to download on my Mac I discovered that was not true. Fortunately, I have an old HP laptop that I am using. Very misleading and frustrating. Does the $59.99 for audit support include the Business version? It comes up at the end of my return.

Re: TurboTax does not offer that service for the TurboTax Bus...

cdrisom — Thu, 01 Aug 2019 23:59:25 GMT

The response you gave me is not what the advertisement with Turbotax Business says. Who do I call or write about this false advertising?

Re: Complicated taxes often call for a tax professional.

cdrisom — Wed, 09 Sep 2020 22:27:33 GMT

LOL. That's not an answer to the question. Just say you don't know and I'll have to consult a CPA or Tax attorney instead of using your software.