Carl
Level 15

Business & farm

It is a trucking company with sole member LLC.

Since you are the one and sole owner of the business, a physically separate tax return is not completed for the business. Therefore, no K-1 will be generated. You will *not* be asked for, and you will *not* enter any K-1 information for this particular business anywhere on your tax return.

All of your business income/expenses gets entered on SCH C as a physical part of your personal 1040 tax return.

If you use the program the way it's designed and intended to be used, the first item you're taken to under the Business tab, is Business Income & Expenses (SCH C), and that's where you will start with entering anything and everything related to your single member LLC trucking business.