I am the owner of DJCK LLC this company has its own identity number for taxes that should keep it separate from my personal is this correct ,if so then I don't claim the 1099s for the money that compa

randalljones99 · ‎June 8, 2020

AnnetteB6 · ‎June 9, 2020

If your company is a single-member LLC, then you would report the company income and expenses on Schedule C and include it as part of your personal income tax return.

If your company was formed as a partnership, S-Corp, or C-Corp, then the company will need to file a separate tax return on its own. TurboTax Business can be used for that purpose if a separate return is required.

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I am the owner of DJCK LLC this company has its own identity number for taxes that should keep it separate from my personal is this correct ,if so then I don't claim the 1099s for the money that compa