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I am 50% partner in an LLC, I pay for own gas and medical premiums. How do I effectively write that off.
I split the LLC with my wife, we both have unreimbursed mileage and medical expenses against the LLC. Is it more efficient to Write mileage off when doing the K-1 as unreimbursed expense, or write it off with each of us doing a Schedule C Sole Proprietorship .
For medical, do we do the same thing, use schedule C Sole Proprietorship ?
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‎April 18, 2020
8:25 AM