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Get your taxes done using TurboTax
@BLafleur wrote:Lady owns single member LLC, Properties, LLC. Properties, LLC owns single member Daycare, LLC.
Can Daycare LLC pay Lady W-2 wages?
No. Daycare, LLC is essentially a subsidiary of Properties, LLC but both would be considered to be disregarded entities for federal income tax purposes as a result of having one, and the same, owner (in the absence of an election to be taxed as a corporation).
‎January 13, 2020
1:10 PM