@tagteamis exactly correct.
What you have here is nothing more than a member contributing property which was purchased individually and then contributed the pro...
Doesn't appear that there was any follow-up response here:
@AmeliesUncleresponse is correct.
Since the LLC is owned 100% by the S corporation, it is treated as...
A few comments regarding your situation:
As noted, if you are wanting to have the LLC terminated at the end of the year, you will have a final form 1065.
As a ...
@DoDesign
Sorry, unless I am tagged as noted above, I am not in the community much post deadlines.
Responses:
The form 7203 will be included with the efile, b...
A few more comments:
I concur with all of@tagteamcomments and open questions.
As a shareholder in an S corporation, you are responsible for maintaining your ta...