pmurphy3
Expert Alumni

Get your taxes done using TurboTax

You will still have to report your income either on the Schedule C, using your Social Security number as the tax ID.   Strongly recommend that you at least get an EIN number from the IRS.  It is free and takes about 2/3 minutes.

No penalties for not incorporating.   However, an LLC gives you protection from lawsuits.   They can only sue the company, not you if you are an LLC.

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