<prompt> Human: I started an LLC while unemployed to do some temporary work for a friends company, to facilitate ease of payment primary, but I was also talking with some firms for consulting work arrangements. The time that I spent working and billed out was less than 5k, and I ended up taking a full time position, and not doing anything with the LLC.Can someone share tell me how I should treat this arrangement on my taxes? I use a professional tax adviser annually, but I just want to get everything lined up.Thank you in advance!  <response>: If youre the sole member of the LLC the entity is considered a disregarded entity. A disregarded entity has no filing requirement, all income and expenses are recognized on schedule C of your personal 1040. 