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Business & farm
No. Instructions for Schedule E (Form 1040) state:
Single-member limited liability company (LLC).
In most cases, a single-member domestic LLC is not treated as a separate entity for federal income tax purposes. If you are the sole member of a domestic LLC, file Schedule E (or Schedule C or F, if applicable). However, you can elect to treat a domestic LLC as a corporation. See Form 8832 for details on the election and the tax treatment of a foreign LLC.
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‎February 3, 2023
2:37 PM