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No. If your LLC is a single-member LLC and you have not elected a different tax treatment, then it is considered a disregarded entity and you can use a Schedule C to record your business income/expenses. This means you file a Form 1040 and Schedule C and you do NOT need to file a Form 1120.
No. If your LLC is a single-member LLC and you have not elected a different tax treatment, then it is considered a disregarded entity and you can use a Schedule C to record your business income/expenses. This means you file a Form 1040 and Schedule C and you do NOT need to file a Form 1120.
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