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nwang97
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  • Re: Schedule C and K-1

    Sorry, pls disregard my previous reply. The other responses are much more accurate.If you have a multi-member LLC, use K-1's and make sure the ownership % add u...
    nwang97
    3
    Updated Mar 24, 2025

  • Re: Schedule C and K-1

    How is the ownership split between you and your wife? If it's 50/50, each of your K-1's should reflect 50% of the income of the LLC, in which case you should en...
    nwang97
    5
    Updated Mar 24, 2025
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