I am the only member of my LLC. Do I need a Schedule K-1?

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I am the only member of my LLC. Do I need a Schedule K-1?

You do not. Schedules K-1 are for multi-member llc's treated as partnerships, Yours would be reported as a sole proprietorship on your individual return.

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I am the only member of my LLC. Do I need a Schedule K-1?

You do not. Schedules K-1 are for multi-member llc's treated as partnerships, Yours would be reported as a sole proprietorship on your individual return.

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