CA-business
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Looks like married owners in the community property states don't have to split the business income equally. Found this on the IRS's website -https://www.irs.gov...
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Thanks for all the insights and replies. If I'm understanding this right, in acommunity property state like CA, any income generated is equally divided between ...
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Thanks for the quick reply, Carl!My understanding after reading irs/ftb site was in CA married owner can choose to file as single member llc and business income...
Activity Feed for CA-business
- Posted Re: Can We have single member LLC with only one spouse in CA on Business & farm. January 27, 2020 11:15 PM
- Posted Re: Can We have single member LLC with only one spouse in CA on Business & farm. January 25, 2020 3:33 PM
- Posted Re: Can We have single member LLC with only one spouse in CA on Business & farm. January 25, 2020 9:40 AM
- Posted Can you have single member LLC with only one spouse after revoking S Corp in California? on Business & farm. January 25, 2020 8:26 AM
- Posted Can We have single member LLC with only one spouse in CA on Business & farm. January 25, 2020 8:01 AM