Pacun Posted January 29, 2015 Report Share Posted January 29, 2015 I have a single member LLC in Virginia that was created on January 5th, 2014 and will use calendar year. He will file Schedule C but I wonder what forms I need to file with VA so that the LLC has its hands clean. Quote Link to comment Share on other sites More sharing options...
Gail in Virginia Posted January 29, 2015 Report Share Posted January 29, 2015 As far as tax reporting, Virginia treats LLCs the same as the federal - it ignores them. As long as you report the federal income as sole proprietor, the state takes that for LLC. They do require the registration statement once a year with the appropriate fee to the State Corporation Commission. And if it is a multi-member LLC filing either a 1065 or 1120S you have to do the Virginia Pass Through Entities return, Form 502. I hope that helps. 2 Quote Link to comment Share on other sites More sharing options...
TAXMAN Posted January 29, 2015 Report Share Posted January 29, 2015 Agree with Gail Quote Link to comment Share on other sites More sharing options...
Pacun Posted January 29, 2015 Author Report Share Posted January 29, 2015 (edited) Thank you. 502 is the form I was looking for. I hope it is easier than MD's form 1. Edited January 29, 2015 by Pacun Quote Link to comment Share on other sites More sharing options...
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