Hello,
I am planning to elect the LLC (only one person )tax as S corp this coming year. My question is that I have transferred some cash to my LLC stock trading account and I made some money. How the IRS knows that the money that makes includes some of the money I have funded to my account. It is the difference between the beginning balance Jan 1st of the year and the end of Dec 31st. I just wonder if I have some money to my LLC trading account that will be a double tax for the part of the money I funded. Thank you much!
