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Business & farm
@AliciaP1 Your last response covers the case when LLC is filing taxes as a corporation. My question is different - the LLC is owned by spouses in a community property state and as such this LLC is treated as a disregarded entity and doesn't file taxes on its own, the taxes are part of individual returns (filed jointly by spouses). The question really then is should the line 1 contain a single name (one of the spouses) or both names.
Line 1: I am inclined to think that give the form allows only one social security number to be entered, the name on line 1 should also be just one person (either spouse).
Line 3 : Check the box "Individual/Sole proprietor or single-member LLC [Even though this LLC is neither sole proprietor nor single-member, for tax purposes it is treated as one]