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New Member
posted Jun 1, 2019 1:51:31 PM

"Can I deduct the State of VA costs associated with operating an active LLC and the cost to hire a Registered Agent as required by State law?

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Level 3
Jun 1, 2019 1:51:33 PM

Yes, this is deducted on your business return.  If you are filing a 1065 for the LLC, it will be deducted there.  If you are a single member LLC and have not elected to be treated as a Corporation, then it will be deducted on your Schedule C. 

2 Replies
Level 3
Jun 1, 2019 1:51:33 PM

Yes, this is deducted on your business return.  If you are filing a 1065 for the LLC, it will be deducted there.  If you are a single member LLC and have not elected to be treated as a Corporation, then it will be deducted on your Schedule C. 

New Member
Jun 1, 2019 1:51:34 PM

This is very helpful.  Thank you