Another questions on single owner LLC:
Is it mandatory to take a self employment pay? If so, I have retired with a government pension and with Medicare but not SSI pension. Do I have to pay for SSI & Medicare tax as well?
Assuming I have losses in LLC when first started.
I have loses in carryover from past years stock trading that I can deduct $3,000 from my AGI, can I also deduct losses (how much is the limit?) if I have LLC losses?
