I am a single member LLC. Do I file my tax return as a sole proprietor?

Yes. Unless you are a single-member LLC that has opted into filing as an S corporation, you will be taxed just like a sole proprietor. However, if you have multiple owners in the LLC, you will be taxed as a partnership, and will need to complete Schedule K-1.

Resources

• What is the Difference Between a Business Entity and a Tax Entity?
• What is the difference between an LLC and a PLLC?
• Do I file taxes as a Sole Proprietor or an S corporation?