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gscandrett
Returning Member

Multi-member LLC is owned by two LLC members, do I need to file state taxes

I have a multi-member LLC (not a S Corp) that is owned by two members which are both LLCs, both S Corporations and are located in two different states.  The revenue for the multi-member LLC will flow through to the owners and will be reflected on the 1120-S for each member LLC owner.  The question I have is, do I need to file state returns for the multi-member LLC in both states where the members are located?

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3 Replies

Multi-member LLC is owned by two LLC members, do I need to file state taxes

not enough info. what are the multi-member LLC business activities?  where? you have a complex tax structure and are operating in multiple states.  state laws differ drastically. you would be wise to consult a tax pro on the filing requirements for each of the entities and members of the top tier LLC.

 

gscandrett
Returning Member

Multi-member LLC is owned by two LLC members, do I need to file state taxes

Thanks @Mike9241.  The multi-member LLC is a software reseller.  Sales are global - North America, Europe and Asia - with no sales occurring in the states where the S-corps are located.  No professional service are conducted and the multi-member LLC does not develop, build or support the software.

AliciaP1
Expert Alumni

Multi-member LLC is owned by two LLC members, do I need to file state taxes

You have a very complex situation here.  I would advise looking for a tax professional in your area to assist you with your questions and filing the appropriate returns for your business(es).

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