'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.
The LLC must report the profits and losses that pass through to each member on individual Schedule K-1 forms. Each member must report this information on a 1040 tax return and attach a Schedule E. The IRS requires LLC members to pay taxes on their distributive share of the profits.