Rental Property LLC State Taxes Ohio

[jbstav17]

A fairly specific question. I have a multi-member LLC in Ohio that my parteners and I use to own single family rentals. I am working on filing federal buisness taxes for the LLC in order to generate K1s, etc. But the system just asked me if I also need to file Ohio state taxes for the buisness and I am at a loss!

Any help appreciated!

[Anonymous_]

See https://tax.ohio.gov/business/ohio-business-taxes/pass-through-entities/pass-through-entities

[jbstav17]

Thank you -- Unfortunatly I am still confused on how to interprete this website. Please help!

[Anonymous_]

Try the FAQ: Pass-Through Entities & Fiduciaries - Electing Pass-Through Entities (EPTE) (IT 4738) | Department o...

[SusanY1]

Since you have an Ohio LLC, you should also prepare a state return.  Answer "yes" when prompted in the program, and TurboTax will assist you with preparing the return.  

If you have specific questions about the information asked for as you go, please return here and let us know how we can help.