New answers tagged s-corporation
2
Instead 'me' the owner of the LLC must report all profits (or losses)
of the LLC on Schedule C and submit it with your 1040 tax return.
Correct, you will report your business income on Schedule C if you have not elected to have your LLC taxed as a different type of business entity.
Is this the only way to pay taxes on the LLC or can I/should I pay
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