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How do I indicate a single member LLC Schedule C in ProConnect Tax?
by Intuit• Updated 2 months ago
For more Schedule C resources, check out our Tax topics page for Schedule C where you'll find answers to the most commonly asked questions.
A Single Member Limited Liability Company is formed under state law and has no impact on the taxation of the activity for federal purposes. Many states require certain forms and fees to be paid by single member LLCs.
To indicate Schedule C activity operates as Single Member LLC:
- From the Input Return tab, select Income.
- Click and expand Business Income (Sch C) and select Other Information.
- Mark the checkbox for Single member LLC.
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