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armstead-carlin

Question

What should I do if my return is designated as a partnership on Turbo Tax but my business is an LLC?

Forum|Forum|11 months ago
April 14, 2025
1 reply
0 views

I'm trying to move forward in the filing process, but Turbo Tax is saying I have to put in at least 2 partners in the designated box because it's a partnership, but its an LLC

Employee

Why is your LLC designated a partnership? An LLC with one owner is included on the owner's tax return for IRS purposes, unless you elected to become an S-Corporation.

And yes, a partnership must have at least two partners.

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