- Multi-member LLC
- For tax purposes, considered a partnership
- Initial filing year (2020) for the LLC
- Operating at a loss this year
- No salaries or wages paid to partners (no W2's)
On the last question before e-filing, there is a question that asks about informational returns, not entirely sure what this means? I plan on generating and distributing K-1's to all 3 partners (including myself).
