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Business & farm
@paulferrara67 wrote:
Even if the K-1 lists my LLC and has my Federal Tax ID # on there instead of my SSN?
The statement is somewhat unclear but, for example, if your LLC is a member of the LLC from which you received a K-1 and the recipient LLC is a single-member LLC, you would still report that K-1 in the Personal income section; single-member LLCs are disregarded for federal income tax purposes.
‎April 9, 2020
7:27 AM
447 Views