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November 30, 2023
Question

If I am the sole owner of a single member LLC that gets paid as an independent contractor, how do I achieve tax compliance both federally and state (ID) on that income?

  • November 30, 2023
  • 1 reply
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Self-Employed via 1099

1 reply

Employee
November 30, 2023

Report income and expenses on Sch C. Report both 1099-NEC and any cash/check income.