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Do LLCs require separate federal tax returns? Do LLCs require FEINs?

April 26, 2017federal tax feins LLCs require returns separate

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Do LLCs require separate federal tax returns? Do LLCs require FEINs?

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No. As a pass-through entity, an LLC isnt considered an entity of its own for federal tax purposes. The owner is taxed on LLC earnings via a schedule for their personal federal tax return; there is no separate LLC tax return. Therefore, the LLC is NOT required to get a Employer Identification Number (EIN) of its own for any federal purpose. Sabre can help you obtain an EIN however, if needed or desired for any reason.