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Level 1
April 14, 2023
Question

LLC Multi-member compensation

  • April 14, 2023
  • 2 replies
  • 37 views

On what line does member compensation go?

2 replies

Rick19744
Level 13
Level 13
April 14, 2023

Expand on this.

How were the member's paid?

*A reminder that posts in a forum such as this do not constitute tax advice.Also keep in mind the date of replies, as tax law changes.
Mike9241
Level 15
Level 15
April 14, 2023

llc tax as an Corp or Partnership?

partnership - guaranteed payments line 20 page 1

s corp  w-2 wages line 7

c corp w-2 wages line 12

Mike9241