- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
@krisprem wrote:
Yes, considering myself as an employee.
Is this a single member LLC that has not been incorporated as a S Corp? If so, then you are filing the return as a disregarded entity using a Schedule C. You are not an employee, you are the sole proprietor and do not receive a W-2 or a Form 1099-NEC. You report your Net profit on loss on the Schedule C with the result reported on your federal tax return, Form 1040 Schedule 1 Line 3 which flows to the Form 1040 Line 8
‎December 11, 2021
7:35 AM
1,361 Views