How do I generate a Kentucky Single Member LLC, Form 725 for an Individual client?
- Go to Screen 54.299, Kentucky 725 Single Member LLC
- Enter the LLC name in Name of LLC (MANDATORY)
- Enter any additional information to report in the appropriate fields below
- If you would like to generate multiple Forms 725, click Add in the left hand column and repeat steps 2 & 3
- Once the basic information for the LLC(s) has been entered, go to the appropriate activity screens to link;
- Schedule C, Screen 16
- Schedule E, Screen 18
- Schedule F, Screen 19
- Scroll to the Kentucky SMLLC information section of the screen and use the drop-down to select the appropriate SMLLC Name (entered in step 2).
Note: When viewing Form 725 in the Forms tab, a drop-down window will be available at the top of the form. This will allow you to toggle through each Form 725 generated.