Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Can I do a 1065 on proseries basic

JudyB
Level 3

I have 1 return for LLC partnership, a zero return.   Need to process it 

Thank you

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

2 Comments 2
TaxGuyBill
Level 15

With Basic, no.

But because you bought Basis, you are allowed to download and use Professional (which can to Partnerships) on a Pay-Per-Return (PPR) basis.

However, the PPR fee is fairly high, especially if the entire return is zeros, so filing an all-zero return might be easier to file by paper.

 

As a side note, if it is an all-zero return, you might not even need to file a return.

JudyB
Level 3

Thank you. I file a zero return just so that I am not questioned. But you are right, I do not need to file.

Happy Tax season!!!

0 Cheers