Author Topic: Anyone use a tax program for LLC  (Read 143 times)

Unique User

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Anyone use a tax program for LLC
« on: January 08, 2019, 06:47:39 AM »
We have a LLC for our rental property and just have a few expenses and rental income this year, nothing complicated.  We've had a CPA do the taxes for years and I mentioned using a tax program this year.  He told me to check it out and let him know, but thought we should be able to use a program. Anyone have a recommendation? 

SeattleCPA

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Re: Anyone use a tax program for LLC
« Reply #1 on: January 11, 2019, 09:10:43 AM »
Presumably the "we" in your message indicates a multiple member LLC, which means your LLC needs a partnership return. That seems beyond DIY...

Note: Spouses who are residents of community property states and who are only owners of LLC can treat LLC as a disregarded entity. That means the rental property just goes on your Schedule E. That can be DIY...