marctu
Employee Tax Expert

Self employed

@IDCM.  So most Limited Liability Company’s are disregarded entities for federal tax purposes.   They would file their income and expenses on either Schedule C or E.  A multi-member LLC would need to file either a Form 1065 or an 1120-S.  The income and expenses would then flow through to the partner, 1065, or shareholder, 1120-S, through a K-1.

 

So quarterly taxes would  be associated with both a disregarded entity or a Form 1065 or and 1120-S.  

 

If you want to add to this @IDCM by adding whether this is a single or multi-member LLC you are contemplating, I will supplement this answer.

 

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