turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

bhunt0810
New Member

Do I have to file my state (Illinois) after I file my federal and receive my K-1, Or do I need to file my state for the business and then again for personal?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Do I have to file my state (Illinois) after I file my federal and receive my K-1, Or do I need to file my state for the business and then again for personal?

Business returns first. If you have a business that is generating a K-1 meaning you are filing a 1065 or 1120S for your business then you would need to file the business return for the state since you already did the federal and get that K-1 and then you would file your personal return.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

3 Replies

Do I have to file my state (Illinois) after I file my federal and receive my K-1, Or do I need to file my state for the business and then again for personal?

Business returns first. If you have a business that is generating a K-1 meaning you are filing a 1065 or 1120S for your business then you would need to file the business return for the state since you already did the federal and get that K-1 and then you would file your personal return.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
bhunt0810
New Member

Do I have to file my state (Illinois) after I file my federal and receive my K-1, Or do I need to file my state for the business and then again for personal?

So if my husband and I run an LLC with 50/50 partnership and on our personal taxes file as self employed don't I just file Federal for my business and then file Federal and state for personal?

Do I have to file my state (Illinois) after I file my federal and receive my K-1, Or do I need to file my state for the business and then again for personal?

You need to file a return for the LLC with the state too. <a rel="nofollow" target="_blank" href="https://www2.illinois.gov/rev/questionsandanswers/pages/604.aspx">https://www2.illinois.gov/rev/ques...>
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question