Change from a LLC to Independent Contractor

[pete-johnston]

I am planning this year 2021 to change my current LLC to Independent contractor. What do I need to do?

[CatinaT1]

There is nothing to do for tax purposes when making this change.  An LLC is a legal designation.  As either an LLC or an Independent Contractor, you are still Self-Employed and filing a Schedule C.

[pete-johnston]

In Turbo Tax do I need to change/remove the current business LLC name and input any 1099 Misc in my name only?

[ColeenD3]

If you wish to no longer use the business name, just go back to using your own. An LLC is a disregarded entity for the IRS, meaning as no as you are taxed on Schedule C, they see no difference between a single member LLC and a sole proprietor.