The only point of Federal Form 8332 is to allow the LLC to be taxed as at the Federal corporate tax level of 21% versus being taxed as a pass through to the per...
The LLC pays its corporation taxes (21%) on my rental income. The remaining profits are distributed to the owner, as if the LLC is dissolved at the end of each ...
Which version of Turbo Tax should be used that allows for Single-member LLC electing to be taxed as a corporation (Form 8832) and will put it in the proper plac...
