Hello everyone:
I own a single member LLC that is both registered and located in Delaware. Each year I pay a $300 LLC tax. Can I claim this $300 tax as a business deduction on my Federal taxes?
Thank you in advance.
Chris
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@iogen70 wrote:
Can I claim this $300 tax as a business deduction on my Federal taxes?
Yes. Single-member LLC filing a Schedule C: Line 23 - Taxes and licenses.
Yes, you can claim the LLC registration fee as a business deduction each year.
Thank you @PaulaM.
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