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Business & farm
What question did you answer incorrectly? What answer did you give, and what should it have been?
If the issue is related to an LLC, is it a single-member LLC or multi-member?
If it is multi-member, are you and your spouse the only members? If so, what state are you in?
Has the LLC made an election to be treated as a C corp or as an S corp for tax purposes?
Did you report the LLC on Schedule C in your tax return, or did you receive a Schedule K-1 from the LLC?
‎September 21, 2023
3:30 PM