Welcome back! Ask questions, get answers, and join our large community of tax professionals.
Showing results for 
Search instead for 
Did you mean: 

Can you enter 2 single member LLC's on 2 separate Schedule C's?

Level 1
Labels (1)
0 Cheers
2 Replies 2
Level 9

I live in Tennessee, which is one of the states that are 'covered' by the program for State filing. of single-member LLCs. The answer is a mixed bag.  You can basically have unlimited single member LLCs on schedule C's at the Federal Level.  The problem in Tennessee (and other similar states I presume), is that you can only file ONE single member return at the state level. So, I can file 2 or more schedule C's at federal level, but at my state level I can file ONE single member LLC thru ProSeries Professional, and I have to manually file any additional Single Memebr LLCs at the state level  on my Tenn Dept of Revenue website.



If an answer solves your issue, click on the "Accept as Solution" button! Makes it easier for people to find answers to similar questions that have already been posed.