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Business & farm
Is the Multi-Member LLC taxed as a Partnership?
If the Partnership did not reimburse you for it, it does not go on the Partnership return. *IF* the Partnership Agreement states that you must pay for those expenses (and it won't reimburse them) you would deduct the "Unreimbursed Partnership Expenses" (UPE) on your personal tax return.
‎January 22, 2024
3:51 PM
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