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Get your taxes done using TurboTax
I provided all the investment such as capital to run the business. It’s not a partnership so I can’t file 1065. Even if I do file 1065, I would be 98% owner. Hence take 98% activities to my K-1
it was an LLC. So not sure why 1065 is needed. First year my brother took all revenue/expenses and this is 2nd year we are doing taxes. We agreed we will take turns on who to report to their return
March 17, 2024
1:12 PM