Fit Small Business: Get Your Business Into Shape! › Forums › Ask a Question › Do I need to file a federal tax return for LLC partnership? › Reply To: Do I need to file a federal tax return for LLC partnership?
Hi Miha, congrats on your new business! You are absolutely correct that your business is considered a partnership since you did not elect to be treated as a Corporation. While I’m not a tax expert, I’m pretty sure that you need to file a federal tax return for the partnership. Form 1065 and Schedule K-1 are the correct forms. However, I recommend that you contact a tax professional just to be sure that you are required to file.
If you plan to complete the return yourself, check out the link below which is a guide to completing Form 1065: https://fitsmallbusiness.com/form-1065-us-return-of-partnership-income/
Best wishes for a prosperous 2018,