I need to close a multi-member LLC this year in TurboTax. Are there extra docs (beyond reg. K-1s) members need, and are these in TT? Need I wait for the TY 2019 software?

[IS18]

I just closed a multi-member LLC and have been filing with TurboTax the last few years.  Now I need to do the final return.

I know I need to enter that the business was closed and assets disposed of, and am confident this can be done in TurboTax.  However, will I be able to generate any special documents members need (beyond the obvious final K-1s)?

Also, would I be able to do this now?  Or do I need to wait for TY 2019 versions to be available?

[Carl]

If by "this year" you mean 2019, then you have nothing to report until next year. THat's when you'll file the "final" 1065 partnership return and issue all K-1's with the "final" box checked on each K-1 the partnership issues. There's nothing "extra" about it on your taxes - federal or state. However, you may have to file articles of dissolution with your state. That has absolutely nothing to do with taxes through.

[TaxGuyBill]

Go to a tax professional.  Partnerships can be complicated, and closing a Partnership can potentially have many complications.  Go to a tax professional.

[Anonymous]

actually the return is due 2.5 months after the month it terminated. 

 subsection (A) of IRC § 708(b)(1) still exists. Consequently, the termination of an entity taxed as a partnership will still occur when the business, financial operation or venture of the entity ceases to be carried on by any of the partners.