How do I enter a k-1 received for an single member LLC? Since I file as a schedule C/

esteele · ‎June 1, 2019

IreneS · ‎June 1, 2019

Did you prepare a separate return for the business? Where did the K-1 come from?

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IreneS · ‎June 1, 2019

A single member LLC is considered a sole-proprietorship and the income and expenses are reported on a Schedule C.

I'm not sure where a K-1 fits in the picture since they are issued by pass-through entities like partnerships, S-Corporations and Trusts/Estates..

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