June 4, 2019 9:10 PM
TurboTax, I have a similar situation. My fiancee and are the owners of our company, which is a multi member LLC. We do not have any employees, we provide the service ourselves. I am wondering how the quarter filing work for us if we did not take any member draws this year since we have only been open for about 6 months. We have day jobs so we did not need the money instead we want to use it to grow. Do we individually still have to pay for the business tax even though we did not take any profit?
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