W2 employee, owns LLC, also does consulting (1099)

[aasmllcny]

Hi there, I hope you are doing well in this Corona Craziness!

Usually, taxes have been straight W2 but this year is the first time doing taxes like this

1. I have a Full time job that is using W2

2. Also have a small LLC with my husband

3.  I do consulting work for which there is a 1099

How do I file my taxes, (i.e regular w2 form+Schedule C+ ?) and what TurboTax option do you recommend?

Thank you!

Best,

[JamesG1]

The W-2 would be reported on an IRS form 1040.

The IRS form 1099-Misc would be reported on an IRS form 1040 Schedule C.

The LLC sounds like a partnership reported on IRS form 1065.  The IRS form 1065 would generate schedule K-1’s which would report income and/or expense on your IRS form 1040.

IRS form 1065 can be prepared using TurboTax Business.  See this webpage.