josiahk
New Member

Tax Year Prior to 2020: Single Member LLC Taxes and Quickbooks Self-Employed

Hi, I am starting my Single-Member LLC business and want to make sure I use the correct system for my taxes. I understand that as a single-member LLC, my business income is taxes the same as if it was my personal income tax. Therefore, I believe that Quickbooks Self-Employed would be the right system for me to manage my quarterly taxes (is this correct)? In doing so, I don't need to intensify my business in the taxes as it just goes as my income therefore I use my SSN rather than my business EIN.

 

Do I need to sign a 1099 form as a contractor in my business, or any other kind of form? Or can I just keep using the Quickbooks Self-Employed without worrying about any 1099 forms or other forms between me and my business?