Thread: People who have LLC...Do you file your federal income tax for the company as:
View Single Post
Old 07-25-2005, 02:01 AM  
ProjectNaked
Confirmed User
 
ProjectNaked's Avatar
 
Join Date: Jul 2004
Location: Detroit Areola
Posts: 4,309
Quote:
Originally Posted by V_RocKs
As for taxes, if you are alone, taxes are filed on your 1040, if a partner or several, file a Schedule K to break up the income of the business, then each of you files your own 1040 based on what the Schedule K left you.
What he said (and consult with accountant/lawyer )
ProjectNaked is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote