@MrBean wrote:
Do I enter this info under our personal return in the “Business Income” section?
Yes, it is self-employment income, since she is treated essentially as a sole proprietor, and the income is entered on Schedule C (assuming the LLC is a single-member LLC for which no election to be taxed as a corporation was made).
@MrBean wrote:
Also, I believe she paid ~$100 to establish the LLC. I'm assuming I can deduct this?
She can deduct that expense as Taxes and Licenses in the Other Common Business Expenses section as an organizational cost.
