Multi-Member LLC Tax Filing

Multi-Member LLC Tax Filing

When your LLC has multiple members, the IRS treats it as a partnership by default, requiring a Form 1065 (U.S. Return of Partnership Income) to be filed annually. Each member also receives a Schedule K-1 reporting their share of the LLC's income, deductions, and credits.

What's Included

Form 1065 Preparation and Filing — Preparation and filing of Form 1065 (U.S. Return of Partnership Income)

Schedule K-1 Preparation — Schedule K-1 preparation for each member

State Partnership Return — State partnership return filing (if applicable)

Operating Agreement Review — Review of operating agreement for allocation provisions

Tax Planning Consultation — Tax planning consultation for partnership distributions

Why Choose Us

Multi-member LLCs have unique tax considerations that differ significantly from single-member entities. Our team has extensive experience navigating the complexities of partnership taxation, ensuring proper allocation of income and deductions among members while maintaining full compliance with federal and state requirements.

Timeline

Milestone	Timeframe
Engage our services (recommended)	At least 6 weeks before deadline
Form 1065 due date	March 15th (or 15th day of 3rd month after tax year ends)