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Can I use Turbo Tax as an individual plus my LLC that does not have an EIN? My LLC is a start up with limited income and expenses in 2017?

The LLC is a sole proprietorship.  It is not a corporation.
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JulieCo
New Member

Can I use Turbo Tax as an individual plus my LLC that does not have an EIN? My LLC is a start up with limited income and expenses in 2017?

Yes, because your LLC is a single member LLC (like a sole proprietor), you can file your business and personal income taxes together on one return.  The TurboTax products of Deluxe, Premier and Self Employed (online)  all allow for self-employment income to be entered, but if you have expenses for your business you will probably need to use TurboTax Self Employed to record them on your return.  

And, yes, you do not need to have an EIN for your business to create the return for the LLC and your personal income in TurboTax. Everything will just be filed under your social security number.  Also, you will be able to enter the name of your business if you have one.

TurboTax Online Products

[Edited 2/20/18|3:30pm]

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1 Reply
JulieCo
New Member

Can I use Turbo Tax as an individual plus my LLC that does not have an EIN? My LLC is a start up with limited income and expenses in 2017?

Yes, because your LLC is a single member LLC (like a sole proprietor), you can file your business and personal income taxes together on one return.  The TurboTax products of Deluxe, Premier and Self Employed (online)  all allow for self-employment income to be entered, but if you have expenses for your business you will probably need to use TurboTax Self Employed to record them on your return.  

And, yes, you do not need to have an EIN for your business to create the return for the LLC and your personal income in TurboTax. Everything will just be filed under your social security number.  Also, you will be able to enter the name of your business if you have one.

TurboTax Online Products

[Edited 2/20/18|3:30pm]

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