'The aerial view can be difficult. The information is difficult to draw because there is so much information with lots of windows, park areas and buildings. 'I like London landmarks like the Houses of Parliament, St Paul's and Tower Bridge.
Step 1. File profit or loss from business on Schedule C. As a member of an LLC, you must report business income on Schedule C to Form 1040. This form contains lines that help you calculate your profit or loss and deduct appropriate expenses.
What to do with LLC business losses. Profit losses in your LLC should be claimed on your individual income tax return. You most likely will have to use IRS Form 1040, as profit or loss from a business must be declared on Schedule C â expenses that are less than $5,000 may be claimed on Schedule C-EZ.hat to do with LLC business losses. Profit losses in your LLC should be claimed on your individual income tax return. You most likely will have to use IRS Form 1040, as profit or loss from a business must be declared on Schedule C â expenses that are less than $5,000 may be claimed on Schedule C-EZ.