topic Cash contribution made to my LLC, where in Turbotax Business to you enter the cash contribution amount? in Business & farm

Cash contribution made to my LLC, where in Turbotax Business to you enter the cash contribution amount?

Katieimw — Mon, 09 Feb 2026 22:08:11 GMT

Re: Cash contribution made to my LLC, where in Turbotax Business to you enter the cash contributi...

LaShaunA3 — Mon, 09 Feb 2026 22:24:52 GMT

Can you clarify how the business is taxed (sole proprietor, partnership, S-corp, or C-corp), who provided the cash, and the purpose of the funds (owner investment, loan, gift, or payment for services)?

These details determine how the cash is treated and where it should be reported on the tax return.

Re: Cash contribution made to my LLC, where in Turbotax Business to you enter the cash contributi...

Katieimw — Thu, 12 Feb 2026 17:44:25 GMT

The business is a partnership. The cash was provided by the partners to the LLC's checking account to pay for bills, since the LLC was short on cash.

Re: Cash contribution made to my LLC, where in Turbotax Business to you enter the cash contributi...

ThomasM125 — Thu, 12 Feb 2026 18:42:52 GMT

You need to go to the Business Info section, then find the Partner Summary screen. On that screen, edit the partner account of the partner who contributed the cash and scroll through that section until you find the screen for Partner Capital. Then enter your contribution in the Cash Partner Contributed to Partnership category.