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wwprentiss
New Member

LLC Multi-member compensation

On what line does member compensation go?

posted
‎April 14, 2023 7:09 AM
last updated ‎April 14, 2023 7:09 AM
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Rick19744
Level 13
Level 13

LLC Multi-member compensation

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.
‎April 14, 2023 7:34 AM
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Mike9241
Level 15
Level 15

LLC Multi-member compensation

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

‎April 14, 2023 9:55 AM
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