turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

ktackett
New Member

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

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
bwa
Alumni
Alumni

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.

View solution in original post

1 Reply
bwa
Alumni
Alumni

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.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies