LLC Taxation
LLC Taxation
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- skelly_b0
I recommend you get an accountant. But if I understand correctly you only file a personal tax return, which you should itemize your business expenses and personal write-offs together.
- skelly_b0
To add to this, the reason you want that income to flow through to your personal tax return is to avoid corporate tax rates.
- doesnotexist0
no you don't need itemize, i just did this. really, just go pay someone to do it right. i chose h&r block.
- epigraph0
thanks. I am definately going to get an accountant, I am just planning ahead right now