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andregill
New Member

RI requires single member LLCs to file a RI 1065 (partnership) but software ask for multiple memebers. Do I include myself and the company?

 
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2 Replies
LenaH
Employee Tax Expert

RI requires single member LLCs to file a RI 1065 (partnership) but software ask for multiple memebers. Do I include myself and the company?

No. You should not be filing a partnership return for a single member LLC. A partnership has two or more members, whereas a single member LLC is a business structure owned by one taxpayer. It is considered a disregarded entity unless you elected otherwise. Therefore, if you did not elect for the business to be treated as a corporation, then you should typically use a Schedule C for the year. 

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M-MTax
Level 12

RI requires single member LLCs to file a RI 1065 (partnership) but software ask for multiple memebers. Do I include myself and the company?

@LenaH 

 

The OP asking about filing a Rhode Island 1065, not a federal 1065. 

 

Rhode Island, apparently, requires even single-member LLCs to file an RI-1065 but it's only for the minimum tax, as far as I know, and TurboTax doesn't support the form, anyway.

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