"This means that if you are functionally doing everything, since this is in a community property state and the LLC is jointly held, this LLC can be treated as a single member LLC (SMLLC); one Schedule C."
This falls in line with what I was told when we started the LLC. Does how the LLC was formed matter (100% vs 50/50) when treating it as an SMLLC doing a single Schedule C?
I intend to chat with a tax pro, I just honestly don't know if I can afford their full services. I was ill for a quite a while and income from the business was less then anticipated. Hence, me trying to do as much as I am able using this route.
