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April 6, 2023
Question

Can I file my personal and business taxes together I am a sole llc

  • April 6, 2023
  • 1 reply
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1 reply

DoninGA
Employee
April 6, 2023

If you are a single member LLC who has not incorporated then you are considered a disregarded entity and report your income and expenses on Schedule C.  The Schedule C is part of and included with your personal tax return Form 1040.  So both your personal and business is reported on one tax return.

 

If using the TurboTax online editions you will need the Self-Employed edition - https://turbotax.intuit.com/personal-taxes/compare/online/

 

If using the TurboTax desktop CD/Download editions then any of the editions can be used - https://turbotax.intuit.com/personal-taxes/cd-download/