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Level 2
posted Jan 15, 2024 2:08:14 PM

Schedule C and Dissolved LLC

Hello,

 

I both formed and dissolved my single-member LLC in the same year, taxed as a disregarded entity. I am still operating as a sole proprietor after dissolution but got an EIN for my LLC for banking purposes. I never opened a bank account or used the EIN in any way. Since both single-member LLC and sole proprietor are disregarded entities, can I just leave the EIN off of line D of schedule C? Since my SSN is tied to the income? I did not make enough from side business for a 1099.

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1 Replies
Level 15
Jan 15, 2024 2:18:27 PM

can I just leave the EIN off of line D of schedule C?  YES