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Made a personal investment of capital into my LLC. Where do I show this amount?

I see this location referenced in many answers.

 

What does one do if "Partner/Member Information" is not present in the Business Info section? Or anywhere else in TurboTax Business Download 2022?

 

Spent an hour with an Intuit representative who couldn't find it, either. What are we missing??

AliciaP1
Expert Alumni

Made a personal investment of capital into my LLC. Where do I show this amount?

You will only see this if you are filing Form 1065 for a multi-member LLC.  In TurboTax Business you should see this when you click on the Business Info tab:

 

If you do not see this you may not have downloaded the correct software to file Form 1065 or you do not need this information because you are not a multi-member LLC.

 

@DougBischoff

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Made a personal investment of capital into my LLC. Where do I show this amount?

This is exactly what I had thought, too.

 

We picked up from last year's return, which should ALSO have been set up as a Multi-member LLC. So is there a way to change this designation in TurboTax after a return has been started, or must we go back to the beginning and start from scratch with a "new" company?

RobertB4444
Expert Alumni

Made a personal investment of capital into my LLC. Where do I show this amount?

You can either go back and start from scratch or go back to last year's return and edit the LLC when you created it so that it carries properly in to this year.

 

@DougBischoff 

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