You have a lot of options with an LLC. But some more information would be helpful.
To start - what state are you in? What kind of business are you? Did you make a profit or lose money in your first year?
You are probably what is known as a sole-proprietor so you can just add a schedule C to your tax return and enter all of your business information on that. But the answers to those questions will help everyone here to better guide you.
@Syeda1
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