Question

We are retired with pension, and retirement accounts. Closed LLC ( one person) in 2022 with no reported income. Need final LLC tax return. What program is best?

Forum|Forum|3 years ago
March 20, 2023
1 reply
0 views

No text available

TurboTax Online

If you had a single member LLC (that did not elect S-Corp tax status) you file your business income and expenses on Schedule C. You can use Deluxe and Premier and file a Schedule C if you don't have any expenses to report. If you have any final expenses for your business that you need to report/deduct, then you will have to use TurboTax Self-Employed. If you don't have any expenses to report on Schedule C, I suggest you start in Deluxe. If you need to, you can upgrade to Premier from within the program. You can't downgrade without clearing and staring over.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"