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February 29, 2024
Question

I am a US Citizen recently (2023) started a Single Member LLC Owned by a Partnership. I want to file taxes for my LLC company. Please help me with the process. Thank you

  • February 29, 2024
  • 1 reply
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I am using Turbo Tax for the last 15 years to file my personal taxes. Can I use Turbo Tax to file my newly started LLC?? Also I have not done any business so far. I have not income and expenses in the year 2023. In this case do I need to file Nil Taxes.?? Please help me

1 reply

February 29, 2024

If the partnership owns the LLC, the LLC's activity  will be part of the partnership's 1065.