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Welcome and thanks for your question!
Because you operate your business as an LLC, you would need to file a Form 1065.
I don't think it's that simple -- the IRS has some documentation that says that if an LLC is solely managed by a husband/wife and they file jointly, then a Schedule C could be used. I'm just trying to understand why one versus the other.
In past years we've used a Schedule C.... not sure if switching now will cause an issue.
Are you still there?
I disagree that a husband/wife managed LLC can elect to file a schedule C vs a 1065. Although there are certain circumstances in which a husband/wife owned and operated business can file a Schedule C (this is known as a qualified joint venture), the fact that you live in a non-community property state and the business entity is an LLC disqualifies you from electing that treatment. Here is a link to an IRS published article attesting to that fact.
Ok thanks. Income from the LLC to-date has been miniscule. Should I worry about changing treatments going forward?
I would correct the treatment going forward and obtain an EIN if you don't already have one. I don't foresee any significant issues going forward with the change.
Appreciate the follow-up. Have a great night!