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New Member
posted Jun 6, 2019 12:56:59 AM

I am an employee of a university, I also own a small LLC with 3 members (my husband and myself, and our son). Which product I need to use to file tax?

we don't hire any employees and no paycheck involved in llc operation. what product shall I use?

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1 Best answer
Level 13
Jun 6, 2019 12:57:00 AM

You need TT Business for your multi-member LLC which will prepare the form 1065 and appropriate K-1 for the members.

https://turbotax.intuit.com/small-business-taxes/

Each member will then use the K-1 information in completing their individual tax return.

3 Replies
Level 13
Jun 6, 2019 12:57:00 AM

You need TT Business for your multi-member LLC which will prepare the form 1065 and appropriate K-1 for the members.

https://turbotax.intuit.com/small-business-taxes/

Each member will then use the K-1 information in completing their individual tax return.

New Member
Jun 6, 2019 12:57:03 AM

what TT product we need to use to file personal income tax?

Level 13
Jun 6, 2019 12:57:05 AM

Appears you use the online software and if that is the case, you will need at least the Premier level for your Schedule E on your personal tax return.

If you have not already clicked on the TT Business link and reviewed the requirements, this is a windows only product and must be downloaded.