I upgraded to the small business section. I have an LLC with flow through taxation, how do I put information onto the Schedule C Can I do that with Turbo Tax

fre-hstart-2013 — Sat, 01 Jun 2019 05:05:21 GMT

If your LLC is a single member LLC, you can enter all inf...

Fern — Sat, 01 Jun 2019 05:05:22 GMT

If your LLC is a single member LLC, you can enter all information using Turbo Tax Self Employed. You will use the business tab in Turbo Tax to enter all of the business income and Expense items.

If the LLC has more than one member, it has to file it's own tax return and you will need to use Turbo Tax Business for the LLC return. The LLC will issue a Form K-1 to you for your share of the income and expense items. You can use Turbo Tax Premier for your personal return and enter the K-1 in your personal return.

If you are filing Married Filing Jointly and the only members of the LLC are you and your spouse, you may still be considered a single member LLC.

topic I upgraded to the small business section. I have an LLC with flow through taxation, how do I put information onto the Schedule C Can I do that with Turbo Tax in Business & farm

I upgraded to the small business section. I have an LLC with flow through taxation, how do I put information onto the Schedule C Can I do that with Turbo Tax

If your LLC is a single member LLC, you can enter all inf...