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Business & farm
Thank you, Alicia, for the quick response. While I knew that is supposed to be the case, when I go to fill in my PA business tax return, it is asking for my Net Profit for the business, and the Net, as shown in Schedule C is the profit on which I pay personal income tax, and if I show a Net Profit for the LLC on the business return, I get doubly taxed. I guess I'll have to figure out how to handle the PA business tax return so that doesn't happen. I thought there was possibly some sort of 1099 that would handle that for me.
Again, thanks for the response.
Fred
‎February 15, 2023
3:08 PM