Self employed

Here is a link to Publication 535, Business Expenses.  It has links to various items.  Some expenses are deductible, others are capitalized and depreciated, etc.  It talks about various expenses.  I highly suggest you take the time and read this.  It should answer a lot of questions and help guide you in your specific situation.

 

https://www.irs.gov/publications/p535

 

https://www.irs.gov/pub/irs-pdf/p535.pdf

 

Also, is this a single member LLC?   If so, did you incorporate or elect to be treated as a corporation?  If single member and not incorporated or election to be treated as a corporation, it is a disregarded entity and you would file Sch C.

 

If elected to be a corporation, Form 1120, and if elected S status, Form 1120S.

 

If a multiple member LLC and not incorporated or elected to be treated as corporation, then it is a partnership and Form 1065 would be filed.

 

 

**Disclaimer: Effort has been made to offer correct information; but due to the discussion forum limitations, the poster disclaims any legal responsibility for the accuracy of the poster's response**

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