Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
D
doviddorfman
April 15, 2025
Question

I am the owner of a single member LLC. Do I file 2 separate returns 1 for the business and 1 for me personal income?

  • April 15, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    D
    DianeW777
    April 15, 2025

    No, you will file only your individual tax return. All of your income and expense go only on your personal return because a single member limited liability company (SMLLC) is a disregarded entity for the IRS.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsCookie settingsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification