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.
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.
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?
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/questionsandanswers/pages/604.aspx</a>