I have 3 different multimember LLC [with me and my husband]. One of them with 3 residential rental properties. I have always used a CPA to file my taxes but the service has become very expensive lately. What kind of Turbotax product best suits my need. I would ideally like some expert to ask questions off of, as this is my first time filing myself.
Thank you, that was very helpful. When I am entering the Individual properties It is only asking if it is Owned by myself or my Husband or Both, but not if this is owned by the LLC.
Which Option should I be choosing - THis is a multimember Partnership LLC with myself and my husband as the only two members. Please advise.
If I select both as Owners, will this trickle down into appropriate forms during our personal filing. Please advise.
You cannot enter a Partnership LLC in TurboTax Home & Business. You must use TurboTax Business software for partnerships, S-Corps, and fiduciary returns.
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