Can I use the annual Alternative Entity Tax for Delaware LLCs as a tax deduction?

Forum|Forum|7 years ago
June 3, 2019
3 replies
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MinhT1

Level 15

Yes, the Alternative Entity Tax is a business expense which can be claimed by the LLC under Taxes and Licenses.

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15chrjefAuthor

Level 2

How do I input this in turbo tax? I only see a "estimated tax payments" under "other business expenses".

I am trying to use this deduction for a single member llc with no income.

Can I use the annual Alternative Entity Tax for Delaware LLCs as a tax deduction?

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