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Get your taxes done using TurboTax
More correctly, a single-member LLC that has not elected to be an S-corp is a disregarded entity, not a pass-through entity. As a disregarded entity, anything paid to the LLC is treated no differently than a payment made to you personally. TurboTax will combine the amount from your two Schedules C to determine the amount on which your SEP contribution is calculated.
‎January 22, 2023
4:16 PM
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