turbotax icon
turbotax icon
turbotax icon
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.

Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies