I am a single member LLC. I am paid through 1099's. I am curious to know that if I get my 1099's, I then W-2 myself from the business at the end of the year, can I file a personal return and a business return. Essentially making them separate? In doing so, if my personal return had a debt or garnishment, would the business be effected by this? If they are combined then anything associated with the return would be subject to the withholding, however, if I able to do them separate, then the personal return would go towards covering the debt while the business is able to continue to grow as it did not have anything to do with the debt from the personal side. Is this possible?
