No. A multi-member LLC is treated as a partnership for income tax purposes - unless you have elected to be taxed as an S-Corp. Partnerships and corporations have different standards for filing an information return or income tax return.
- A domestic partnership must file an information return, unless it neither receives gross income nor pays or incurs any amount treated as a deduction or credit for federal tax purposes.
- A domestic corporation (including a Subchapter S corporation) must file an income tax return whether it has taxable income or not, unless it's exempt from filing under section 501.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
