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Deductions & credits
What kind of LLC do you have? If it is a Single Member LLC it is a disregarded entity and you file it on Schedule C in your personal tax return.
If it is a Single Member LLC that is an S corp or not a Single Member LLC you need to file a separate Business return for it and not Schedule C.
Is this your first year with the LLC? Yes you should go to a tax accountant and get it straightened out and set up right.
‎October 12, 2021
2:13 PM