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April 10, 2025
Question

how do i create a K1 for my new LLC in turbotax?

  • April 10, 2025
  • 2 replies
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    2 replies

    April 10, 2025

    for a single member, there is no K-1. You report the LLC activity directly on your 1040.  Multimember you'll need Turbotax business to file the business return and generate k-1s 

    https://turbotax.intuit.com/small-business-taxes/cd-download/ 

    April 10, 2025

    TurboTax Desktop Business may be found here.

     

    TurboTax Business Online options are here.

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