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Business & farm
Hi Carl,
Thanks for all the info. I'm confused regarding the need to file an extension for the partnership return. You state that is was due Sept. 15, 2019. I was told that LLC's are taxed pretty much the same way a sole proprietor or partnership is taxed. What I've read seemed to confirm that. The LLC was just formed mid 2019, shouldn't it be filed in the same manner and time frame as the sole proprietorship or are there completely separate rules.
Please tell me the info above in your last post is a mistake? Did you misread the formation date as being in 2018? If not, I am screwed. Oh my God, I wish I must have missed the email letting me know I had a response from you. I haven't filed any return or extensions. I'm feeling sick to my stomach. Have I really screwed up as badly as I think I have? If so, is there any advice you can offer me?