When you operate a single member LLC (considered a Disregarded Entity by the IRS), there isn’t a difference between you and the LLC for tax purposes. The profits or losses generated by the LLC are reported on the Schedule C of your personal tax return, and your net income (when you have a profit) or losses are reported on your Schedule C and line 3 of Schedule 1. There's no carryforward of losses for a single-member LLC.
Please see the IRS link Single Member Limited Liability Companies for further details. Also, you can review the TurboTax linksLLC Tax Filing Rules, Limited Liability Company Taxes and What Is a Schedule C IRS form?.
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