how do I pay myself

how do I pay myself in a LLC company?

Answer

As a member of the LLC, you pay yourself by taking distributions of your LLC's profits.

The process is simple: you write yourself a check from your LLC's bank account to your own.

You do not have to setup a payroll system if you have no employees other than yourself.

Note that you still might be liable for self-employment taxes as the owner/member of an LLC. See IRS Form 1040-SE for instructions on filing your self employment tax as an LLC owner.