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Expert Alumni
posted Mar 16, 2018 7:18:26 PM

How do I create a K-1 (1065) for an LLC partnership

I need to create a 1065 form for my LLC. Could not find it in Turbotax Premier or Self-Employed Online. How do I find this form?

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2 Replies
Expert Alumni
Mar 17, 2018 2:23:06 PM

You'll need to use TurboTax Business to prepare Form 1065 for the partnership and issue K-1 (1065) forms for the partners. Once your own K-1 is ready, you can use TurboTax to prepare your personal tax return (1040).

 

 

Returning Member
Feb 22, 2019 9:21:47 AM

I am having similar situation.

Which TurboTax do I need after creating K-1 forms with TurboTax Business?

Do I still need to use TurboTax Self-Employed?