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anj2
Level 1

TurboTax Business LLC with Multiple Activities

I'm considering doing my family's Partnership tax return this year with Turbo Tax.  We file a Form 1065 for an LLC that has multiple activities/businesses within the LLC.  Each member receives a K-1 with a worksheet showing the breakout of income/expenses for each activity.  Does TurboTax Business offer a way to have multiple activities within a single Form 1065?  I'm wanting to make sure before I purchase the software.

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TurboTax Business LLC with Multiple Activities

TurboTax Business supports multiple revenue streams, such as income from services, rentals, and sales of merchandise in the same manner as the actual forms (1065 and schedules) do if prepared manually.

 

 

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1 Reply

TurboTax Business LLC with Multiple Activities

TurboTax Business supports multiple revenue streams, such as income from services, rentals, and sales of merchandise in the same manner as the actual forms (1065 and schedules) do if prepared manually.

 

 

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