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LLCF
Level 2
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  • Great. Once he gets the 1065-K1, I'm assuming he reports that as self employment income? Then should he choose that it's a business or major source or income or...
    LLCF
    1
    Updated Mar 05, 2025
  • The business has a lawyer to file the business taxes separately.
    LLCF
    1
    Updated Mar 05, 2025
  • Thank you for your help. It is a partnership. He invested $20,000 at the beginning of 2024. It's an appliance company and he worked delivering appliances and go...
    LLCF
    5
    Updated Mar 05, 2025
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