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Single Member LLC Filing Requirements

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Generally, when a Limited Liability Company (LLC) has only one member, the fact that it is an LLC is ignored or “disregarded” for the purpose of filing a federal tax return and is not allowed to file a federal partnership (Form 1065) return.

  • If the only member of the LLC is an individual, the LLC income and expenses are reported on Form 1040, Schedule C, E, or F.
  • If the only member of the LLC is a corporation, the LLC income and expenses are reported on the corporation’s return, usually Form 1120 or Form 1120S.

See IRS Publication 3402 for more information.

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