The owner of a single member LLC or multi-member LLC can not be an employee of the business they own. Period. Under no circumstances will you issue yourself a W-2, 1099-MISC or any other type of tax reporting document. There are no exceptions.
If a single member LLC all business income/expenses are reported on SCH C as a physical part of your personal 1040 tax return.
If a multi-member LLC all business income/expenses are reported on a 1065-Partnership return.
If the business was "open for business" for even one single day of the tax year, you are required to report it to the IRS. Income and expenses are *not* a requirement. Being "open for business" requires you to report it.
