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Sole Proprietor LLC
I have a LLC /Sole Proprietor business that I setup in 2019. I purchased TurboTax Home and Small Business. When I setup Business type I select Sole Proprietor since LLC is a legal classification and not a tax classification. I am the only employee, I receive a 1099-Misc. When I continue to setup the Sole Proprietor it takes me to setting up W2's for my employees which I have none. I thought I could continue past but keeps prompting to setup my employees. How do I get past this and am I right that I should setup as a Sole Proprietor and not Partnership/LLC?
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March 1, 2020
11:28 AM