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IRS says you can have multiple LLCs, but ProSeries will only allow one LLC. I see in 2019, there was a workaround- sort of. Is that still the case in 2026? Can we have 2 LLCs now? How?
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You're referring to allowing the 2 CA 568 returns for the same file?
I make a copy of the return, and uncheck the fed and CA EF boxes on the copy, leaving only the CALLC marked for EF.
Then I use that copy for the second LLC return only. You have to uncheck the LLC box on the Sch C or Sch E for the first LLC, and check that box for the second one in that copied file.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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I agree, it shouldn't be so hard to make this happen.
Im also disappointed that we have to use 2 separate K-1 worksheets for a partnership K-1 that has amounts in both Boxes 1 and 2.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Hi Lisa,
How do you make a copy?
Or do you open a new return and create a second identical return.