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Question

Should I file my LLC taxes and personal taxes together?

Forum|Forum|11 months ago
April 14, 2025
1 reply
0 views

My LLC is an S-corp status, but I am the only shareholder and employee.

Your LLC taxed as an S-Corp cannot file its return together with your personal taxes.

Your S-Corp must file form 1120S for its tax return. In the 1120S return, there will be a Schedule K-1 under your name as the shareholder.

You have to enter that Schedule K-1 on your personal return.

You can use TurboTax online for small businesses to prepare form 1120S by clicking here

Or you can use TurboTax Business CD/Download on a Windows computer (not compatible with Mac).

You can purchase TurboTax Business CD/Download from this page.

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