Two member LLC

CPartch
CPartch Member Posts: 1 Newcomer

I need to file 3 years of returns for our small LLC. I believe I will need form 1065. I wanted to confirm that before moving forward. The business hasnt made any profit but I still want to bring everything current. Can you confirm what form I will need to file?

Answers

  • TaxMorgan
    TaxMorgan FreeTaxUSA Agent Posts: 135 image
    Hello CPartch,

    Our software only supports filing individual tax returns on IRS Form 1040, where an individual's business income is reported on Schedule C, or an individual has received a K-1 from a partnership/S-corp/estate or trust.

    We do not offer business filing and therefore cannot verify which form you need to file. Form 1065 is a Partnership Business Return. If you have questions about which return to file and how to prepare the return, I would recommend reaching out to a local tax professional for assistance.