DB1975
New Member

LLC Partnership Taxes- Self employment income vs form k-1

Last year (2023) I created an LLC with my husband and myself as the only 2 members. The business folded rather quickly so I closed everything down with the state earlier this year. We profited only about $4000. I didn't know I had to file a tax return with the IRS before 3/17, so I am rushing to do that now. I am also doing my personal tax return. I entered the profit and expenses on my personal tax return as self employment income. Do I also need to create a schedule k-1? Thank you for any advice.