My income this year is 1099- NEC from a company I received 1099-NEC income from in 2021 HOWEVER, in January of 2022 I set up a single member LLC that I now get paid into.

I need to know how to start the 2022 return with all my income coming into the LLC.
How do I do that?

471

Level 15

Jan 14, 2023 10:45:12 AM

Unless your SMLLC is an S corp you don't do anything different. It is a disregarded entity and you still file it on schedule C the same way.

Actually you can just enter a 1099NEC as Other self employment income or as Cash or General income. You don't need to get a 1099NEC or 1099K. Even if you did you can enter all your income as Cash. Only the total goes to schedule C.

You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version. Or use any of the Desktop CD/Download programs. How to enter income from Self Employment
https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653

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My income this year is 1099- NEC from a company I received 1099-NEC income from in 2021 HOWEVER, in January of 2022 I set up a single member LLC that I now get paid into.