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If I have a disregarded LLC for federal purposes because it is 100% owned by an individual and its formed to own real estate how do I enter it in Lacerte>

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Level 15

Screen 18 (assuming it's a rental). And way down towards the bottom, mark it as a SMLLC.   In screen 1, mark the LLC box for efile if appropriate for your state.  

Former Chump... umm.... AllStar.
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Level 15

Screen 18 (assuming it's a rental). And way down towards the bottom, mark it as a SMLLC.   In screen 1, mark the LLC box for efile if appropriate for your state.  

Former Chump... umm.... AllStar.
If a post answers your question, click on *Accept as solution* for future searches

View solution in original post

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Level 15

And if in CA, let us know.....   There's more reporting to do on Screen 5?.???  (I'm not at my computer to verify).

Former Chump... umm.... AllStar.
If a post answers your question, click on *Accept as solution* for future searches
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