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Business & farm
got it. the partner is my brother. and yes this is not a corporation. and yes the structure is like a partnership. we just didn't set it up technically as a Limited Liability Partnership but rather an LLC. (not that we shouldn't have).
so i file the 8825 regardless. do i then issue my brother a form with the 50% of the net gain or loss for the year? is the what the schedule E is?
so i file the 8825 regardless. do i then issue my brother a form with the 50% of the net gain or loss for the year? is the what the schedule E is?
May 31, 2019
11:00 PM