Single Member LLC

Forum|Forum|7 years ago
June 4, 2019
3 replies
44 views

I have a single member LLC with an EIN and I'm about to open up a seperate sole proprietorship business. If I get a separate EIN for the sole proprietorship can I file one tax return with two schedule C's. One Schedule C would carry the single member LLC EIN while the other Schedule C would carry the sole proprietorship EIN. Thanks

TurboTax Self Employed Online

Best answer by DavidD66

Yes, you can have multiple Schedule Cs for multiple business ventures being reported as self-employment. There is a link in the program to "Add Another Business" which will add another Schedule C.

DavidD66Answer

Level 15

Yes, you can have multiple Schedule Cs for multiple business ventures being reported as self-employment. There is a link in the program to "Add Another Business" which will add another Schedule C.

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chopinois

Level 2

How much does it cost to file multiple Schedule C's with Turbotax? Is there an additional fee for additional Schedule C's, or is it all included under the basic Turbotax business fee?

Lisa995

Alumni - Champ

TurboTax Business is for business entities like partnerships and corporations, if you only have a sole prop and a SMLLC, you'll want TurboTax Home & Business, there is no extra fee for each additional Sch C.

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