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June 6, 2019
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I did not pay myself income from my new sole proprietor LLC in 2018, with no income should I still file a schedule c?

  • June 6, 2019
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Best answer by WillK

Yes you would file a Schedule C. As an LLC you do not pay yourself an income, the income from the business is the income you report on your return. Turbo Tax will walk you through how to report the income from the business, all the assets, expenses and any other tax information for you personally. 

1 reply

WillKAnswer
Employee
June 6, 2019

Yes you would file a Schedule C. As an LLC you do not pay yourself an income, the income from the business is the income you report on your return. Turbo Tax will walk you through how to report the income from the business, all the assets, expenses and any other tax information for you personally. 

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