Business & farm

As a single member LLC you are a disregarded entity for federal income tax.  As such, you report your activity on Sch C.  You do not complete a W-2 for yourself.  Once Sch C is completed, TT will make the appropriate tax computations for both ordinary income tax and Self-employment tax.

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.