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Business & farm
Thanks for your reply.
I do get your point about the K1. My wife currently is a sole prop and provides other services. While it may be out of the norm, can I nonetheless for some services pay her as a subcontractor for some of her activity creating an expense for the LLC. Yes, I understand then she would put those funds as income on her schedule C.
‎April 5, 2021
5:50 AM