I recently bought and completed a Turbotax Business package but realized it never asked what type of LLC I own. When I created the business, I selected S-Corp and know there's a specific tax form for that. However, the program didn't ask...does it know based on the information I provided and automatically generate the appropriate return? Or do I need to file something separately?
You'll need to sign in or create an account to connect with an expert.
Choose the entity that corresponds to the type of return you need to file.
In you case, if you have an LLC with an S corporation election, you will be filing an 1120-S.
That sounds fine however, the program does not ever ask that
@ag113 wrote:
That sounds fine however, the program does not ever ask that
It does when you start a new return.

Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
teresarob14
Level 1
NancyNH
Level 1
edills1216
New Member
bradjmc5dad
New Member
Amakia
Level 2