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Level 1
October 21, 2018
Question

Single-member LLC

  • October 21, 2018
  • 2 replies
  • 0 views

I am a sole member LLC which form am I suppose to file my 2017 Taxes

    2 replies

    Carl
    Level 11
    Level 11
    October 21, 2018

    A single member LLC is considered a disregarded entity by the IRS. So all business income and expenses are reported on SCH C as a part of your personal 1040 tax return.

    Level 2
    November 25, 2018
    Schedule C, 1040. If you elected it as corporation, then you use form 1120.