Thank you for the reply. But we are unable to find a local tax professional who is capable of addressing our specific needs and that's why we had to come here for help. The owner of disregarded LLCs ("subsidiaries") is the partnership ("holding company"), and the holding partnership is owned by some people as partners. So how do subsidiary LLCs report their income to the holding partnership on form 1065? Schedule K-1 of 1065 seems to be only for passing through the partnership interest to its partners. Thank you again for anyone who can help.
