Sch C changed to 1 member LLC in tax year....

[AZ-Tax]

Sch C changed to 1 member LLC in tax year same business.

I believe with the Sch C the spouse SS# was used and then with the LLC, an EIN was used.

I know the Sch C has the taxpayers SS# on the top right of the page but not the spouses.

So can I file one Sch C using the EIN on the Sch C?

or

Go the route of 2 Sch C's?

[outwest]

Question 1..

Who really owns and operates the business? (ignore the SSN used for the moment.)

2. Assign the Sch C to the real owner in your software.

3. Assuming the real owner is the single member of the LLC, list the EIN in the box.

Done..

If the real owner and the SMLLC member are different, flog them with a wet noodle.

[Kram BergGold]

What BEES said

Awhile back Bees said if an owner creates a SMLLC during a year you can file one Schedule C for the year. However in your case it sounds like the wife owned one and then the husband owned the other or one was operated jointly. To me if you have different owndership then you need mutiple Scheudle C's.

[AZ-Tax]

Same owner as Sole Prop and LLC......

Thanks Outwest and Kram....the spouse had the business when it was a Sole Prop and continued to own it as a 1 member LLC (from mid 2007 on)

I am leaning towards 1 Sch C....