My husband have a start-up LLC with another partner, and I have been tasked with figuring out the paperwork. They had no income this year, but they did have expenses. Do I need to spend $160 to buy the Business edition of Turbo Tax, or a similar program, or can I use your instructions and fill out Form 1065 and the resulting K-1’s by hand? With no income yet, I am trying to economize…
You can absolutely complete Form 1065 and K-1 schedules by hand. There are many business owners like you who do their own taxes so that they can save money. I’m glad you found our How to Complete Form 1065 article helpful.
Thanks so much for reading!
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