benji-LLC
Returning Member

Business & farm

My LLC is a single-owner entity (not a partnership), and was created mid-year.  I have 1099-NEC payments to both my old sole prop and my new LLC.  Are you saying I can track all of that on a single Schedule C and continue reporting business vehicles the same as I did last year?  

 

My sole prop simply uses my SSN while my LLC has an EIN and new business name.  

 

I was under the impression I needed to create a new Schedule C for the LLC, hence my concern about how to expense the same business vehicles against both Schedule C's.  If I only need a single Schedule C that would be great!