| You would file as a Single member LLC, that is on Schedule C of your Individual tax return on Form 1040, if there are no partners in your LLC. If on the other hand, you have a partner than you should file your tax return as a Partnership Tax Return on Form 1065.
For your Single Member LLC, the $14,000 losses would flow directly onto your Schedule C and carried over directly to Line 12 of the Individual Tax Return Form 1040 on Page 1.
For the Partnership Tax return, the $14,000 losses would flow on the K-1 and would be reported on Line 17 of the Individual Tax Return Form 1040 page 1. | 
