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Level 1
September 13, 2021
Question

How/where do I enter income for a member from a multi-member LLC?

  • September 13, 2021
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1 reply

PhoebeRoberts
Intuit Community Champion
September 13, 2021

You enter K-1 income on the K-1 input screen.

joshuabarksatlcs
Level 9
September 13, 2021

Also, if you prepare the LLC and the members' returns, there is a function under partnership Screen 32.1 to set up to export Sch K-1 info to the partners.  It works well.

(The function is also available for S corp and fiduciary.)

 

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