Hello,
We live in Texas. Since the beginning of the formation of our Husband / Wife LLC - 50/50, our CPA has been filing a 1065.
1. What are the advantages of filing a 1065 in Texas since Texas is already a community property state? Some folks have told me "just for the fee of doing an extra return", but there must be other reasons.
2. Is there anything that I would need to do on a 1065 this year if I want to report on our personal return instead?
Thanks.
