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I have a LLC and W2. Do I have to file income tax separated for both? I need to know how to file income taxes for my LLC, I am afraid of get in troubles for not to file

 
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DawnC0
Intuit Alumni

I have a LLC and W2. Do I have to file income tax separated for both? I need to know how to file income taxes for my LLC, I am afraid of get in troubles for not to file

If your LLC is a single member LLC (only you) then you can file your LLC business taxes with your W-2 income on your personal tax return.  It looks like you are using Self-employed which is what you need in order to do this.  Your LLC business is self-employment/sole-proprietorship and is reported on Schedule C.  Single member LLC do not need to be prepared separately from your personal return. 

However, if your LLC is a multi-member LLC, you will need to file a separate business return using TurboTax Business software.  The LLC will issue you a K-1 and the K-1 gets reported on your personal tax return.  https://turbotax.intuit.com/small-business-taxes/?srqs=null&cid=ppc_gg_b_stan_all_na_business-2018-F...

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DawnC0
Intuit Alumni

I have a LLC and W2. Do I have to file income tax separated for both? I need to know how to file income taxes for my LLC, I am afraid of get in troubles for not to file

If your LLC is a single member LLC (only you) then you can file your LLC business taxes with your W-2 income on your personal tax return.  It looks like you are using Self-employed which is what you need in order to do this.  Your LLC business is self-employment/sole-proprietorship and is reported on Schedule C.  Single member LLC do not need to be prepared separately from your personal return. 

However, if your LLC is a multi-member LLC, you will need to file a separate business return using TurboTax Business software.  The LLC will issue you a K-1 and the K-1 gets reported on your personal tax return.  https://turbotax.intuit.com/small-business-taxes/?srqs=null&cid=ppc_gg_b_stan_all_na_business-2018-F...

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