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.
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.
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.