Hello, I need help with some information.
I own a Business/Corporation with S Corp Tax election. It is a Holding/Managing company and owns an LLC and it is the only member of the LLC.
I know that for the S Corp I need to file Form 1120s and that I will in turn receive a K1 which I will use to file schedule E on my personal 1140 tax return.
What I don't know is how do I file the LLC return?
How do I add all the LLC's income and expenses to the Parent/Holding/Managing S Corp?
