My wife and I created an llc in 2017. It has not income. Which of your tax prep products includes coverage of llc's?

[LeeM · Accepted solution]

Please read @TaxGuyBill's comment below if you live in a community property state. 

The TurboTax Business program will handle filing that Form 1065, US Return of Partnership Income. If you elected to be classified as an S-Corp (you would have had to tell the IRS), then you would need to file Form 1120-S using the same TurboTax Business Program. Unless you incurred any expenses, you would not be required to file an income tax return since you did not have income.

You can access the TurboTax Business Program at this link: https://turbotax.intuit.com/small-business-taxes/

Since you are multi-member LLC (yourself and your wife), you are required to file that return unless it neither receives income nor incurs any expenditures treated as deductions or credits for federal income tax purposes. 

For more information, please refer to the bottom of page 2 of the IRS Instructions for the Form 1065 linked to here: https://www.irs.gov/pub/irs-pdf/i1065.pdf

EDITED

[TaxGuyBill]

In the event you are in a Community Property State, you have the OPTION to file it on your personal tax return instead of a separate Partnership return (if it is a business, rather than rental property, you would file two Schedule Cs).