Do I consolidate a single member LLC into the parent, if the sole member of that LLC is a LLC as well?

[jdkeeler712]

I am the single member of an LLC.  that LLC, in turn is the single member of another LLC.  Do I consolidate the two and file 1 return?  Or must I file two separate returns?

[Critter]

Is one of these LLCs incorporated ?  

[jdkeeler712]

Both.  One in Wyoming, one in Idaho

[Critter · Accepted solution]

You have 2 separate returns to do ... if these are S-corps then complete the child's return first then the parent's.