Question

I am the sole owner of an LLC and I have a question regarding my LLC tax filing. I include my LLC income and expenses on my Schedule C. In doing so, do I still need to file a separate LLC tax return?

Answer

No, you do not need a separate LLC tax filing or return. Because LLCs are registered with the states they do not require federal returns. So, unless the LLC chooses to be treated as a corporation:

  • A single-member LLC should file Form Schedule C.
  • A multimember LLCs should file Form 1065.

Your state might require a separate LLC tax return, please check with your state tax office to find out.

 

Related Topics

Related Resources

I’m a US citizen but my spouse is a foreign citizen who hasn’t applied for an SSN and hasn’t lived or worked in the Unit

Learn how being a US citizen married to a non-resident alien will impact your tax return with help from the tax experts at H&R Block.

I’m newly married and have a question about filing return(s). If I got married in 2017, should I file a joint

Learn whether to file a joint or a separate return the year you were married with advice from the tax experts at H&R Block.

Tax Implications of Starting a New Business

The startup tax or new business tax is a topic many new business owners shy away from. Don't get caught off-guard. Review these tips provided by our tax pros.

I have filing questions related to a workers’ comp head of household situation. My disabled brother can’t live alone, so

Learn how workers compensation could impact declaring head of household with advice from the tax experts at H&R Block.