Thanks for that, it clears it up a lot that 1) there's no one way to report it, and 2) it's better not to simply put the LLC's net profit/loss but instead to ma...
The owner is the S-corp that files the 1120-S.My main confusion is exactly how to report the LLC's income/expenses on the 1120-S.I've seen people say income fro...
So I would line by line combine the LLC's income/expenses with the owner's income/expenses? For example, advertising expenses from the owner and the LLC get com...