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Form 1065 Schedule B - What type of entity is filing this return?
We have a rental property in the LLC. My wife and I are the only members of LLC. In the form 1065, schedule B- First question is what type of entity is filing this return? I have been selecting the choice "Domestic limited liability company" since the beginning of filing the tax return (2020) for this LLC. There is another choice "Domestic limited liability partnership" which made me to question my earlier selection?
What should be correct choice that I should be selected for this question?
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March 9, 2024
11:16 AM