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G
gmmyers1
February 21, 2021
Question

I have a corp-to-corp consulting contract. They pay my LLC - how do I report that income on my taxes?

  • February 21, 2021
  • 1 reply
  • 0 views
I think I've told the IRS that the income passes through to me (the only owner).

1 reply

A
Anonymous_
Employee
February 21, 2021

If your LLC is a single-member LLC where you are the only member (and have not made an election to be treated as a corporation for federal income tax purposes), then you report your income on Schedule C in the same manner as would a sole proprietor.

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