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View Full Version : What is the money I pay myself called on my tax form?


Nise5280
Sep 9, 2015, 02:57 PM
I started a small business (LLC / trucking & transport field) in 2013, and am doing my taxes for first time. I have no employees -- I contract a driver for my only truck, and did file a 1099 for him in April. I am also current on my 2290 -- but not on the major part of my taxes. I don't know where to represent my income from this business on my 1040, or the sched c, or any of the other forms I am to fill out. Thank you all for your time. Nise5280

AtlantaTaxExpert
Sep 9, 2015, 06:49 PM
If the LLC is registered as a "disregarded entity", then you file your taxes on Schedules C and SE and Form 1040, plus the appropriate state tax return.

If you need professional help filing, please contact me at the email address on my profile.