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New Member
posted May 31, 2019 7:33:51 PM

Can I file my personal and business taxes at once?

Employed, but also have an LLC.  Can I file everything at once?

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2 Replies
Level 10
May 31, 2019 7:33:53 PM

That depends. If you are the only "member" (owner) of the LLC then yes (unless the LLC has elected to be taxed as a corportation by filing Form 8832).

The IRS website says this https://www.irs.gov/businesses/small-businesses-self-employed/single-member-limited-liability-compan...


Owner of Single-Member LLC

If a single-member LLC does not elect to be treated as a corporation, the LLC is a "disregarded entity," and the LLC's activities should be reflected on its owner's federal tax return. If the owner is an individual, the activities of the LLC will generally be reflected on:

An individual owner of a single-member LLC that operates a trade or business is subject to the tax on net earnings from self employment in the same manner as a sole proprietorship.

If the single-member LLC is owned by a corporation or partnership, the LLC should be reflected on its owner's federal tax return as a division of the corporation or partnership.

Level 10
May 31, 2019 7:33:55 PM