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Get your taxes done using TurboTax
If you are a single-member LLC, the LLC is considered to be a disregarded entity so you and your LLC are one and the same. If your total receipts for 2021 are $600 or more, the income must be reported on a 1099-NEC. The total can be entered under the LLC.
If, however, you elect to be taxed as a corporation, you would be separate entities. Your income as an individual would be entered on Schedule C and your LLC income would be reported on Form 1120.
‎January 21, 2022
2:42 PM