- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Probably a sole proprietor. These are owned by one person—you don't have any partners. If you are a sole proprietor, your business income and expenses should be reported on Schedule C of your personal return (Form 1040). If you run the business as an LLC and you are the sole owner, the IRS also considers you to be a sole proprietor that also uses Schedule C.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 14, 2025
7:43 PM