@pzajic wrote:
@Anonymous_ so having just one employee/member effectively saves all members from having to pay tax on the business income distribution that shows up on their K1 and personal return?
Technically, yes, but you really need to understand (again) that this entity does not operate in the same manner as a partnership. There will be additional scrutiny if there is only one employee and the others receive relatively equal distributions from the net profit of business operations.
As @Mike9241 and I stated, you need to consult with a tax professional.
