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Yes you file a Single Member LLC in the Self Employed version. It is a disregarded entity and you file it on Schedule C in your personal 1040 return. Unless you set it up as an S corp. then you need to file a 1120S business return.
You file it as self employment income.
Then How to enter self employment expenses
No EIN needed unless you have employees or are an S_corp. however, many sole-proprietors/ single member LLC's without employees do get an EIN so if they have to issue 1099's there not giving out their SSN.
@Anonymous wrote:many sole-proprietors/ single member LLC's without employees do get an EIN so if they have to issue 1099's there not giving out their SSN.
I agree that is a good idea. However, for that purpose, get an EIN for YOU, not the LLC. When you fill out a W-9, it needs to have YOUR name and ID, not the ID of the LLC.
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