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Single-Member LLC (Disregarded Entity) taxes?

Discussion in 'General Business' started by GeorgeMA, Feb 8, 2016.

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  1. #1
    Hello,

    I'm not a US citizen and I own a small business registered in the US as an LLC. I'm the single member so it is classified as a disregarded entity by the IRS. I have an EIN for the company, and ITIN (Individual Taxpayer Identification Number). As far as I know, a single member of a disregarded entity have to report business income on the personal tax filing. I have a little experience in this as it's my first time to file taxes so I'd greatly appreciate it if someone could tell me which tax form should I use when filing my taxes, W-9 or W-8BEN form? Considering that I'm a non-us citizen and a single member of an LLC.

    Thank you in advance.
     
    GeorgeMA, Feb 8, 2016 IP
  2. onegoodman25

    onegoodman25 Active Member

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    #2
    I would highly recommend asking a TAX professional , or even getting in touch with one of HR Blocks if needed, you don't want to mess up your taxes because someone give u an advice that turns to be wrong.
     
    onegoodman25, Feb 9, 2016 IP
    agmccall likes this.
  3. Dailydriveco

    Dailydriveco Peon

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    #3
    You will file Form 1040 and report your business income on schedule C of this return as that is where single member LLCs report their income.
     
    Dailydriveco, Mar 27, 2016 IP