Get your taxes done using TurboTax

The first step is knowing how you want your LLC to be taxed. If you are a sole proprietor, enter your income and expenses on Schedule C.

If there is more than one of you, you have to decide if you want to be taxed as a partnership or corporation. You will need the Business Program for either of those options. 

If you are solo and do not wish to incorporate, the default status is as a self-employed person.