If you haven't found the answer yet. Look up how to fill out the 1120 s it makes more sense when you combine ( this explanation and how to fill out 1120 line by line)
Thanks for the info, i have a question if you may, I’m a foreigner, not living in the states, i formed an LLC last month, in March/2022. Do i need to file for the tax this April?
Outstanding
which way do I file if I was a single member LLC and had 3 w2 employees under my business?
Do you have any advice for filing write-offs for LLC?
I'd be interested in this as well
Does courses/youtube revenue fall under passive income for Schedule e?
So the business itself doesn’t file with the irs the owner has it on their tax return?
No I believe the way it works is the company fills out and submits form 1129 S first and then you get the K1 form to file your personal taxes.
If you haven't found the answer yet. Look up how to fill out the 1120 s it makes more sense when you combine ( this explanation and how to fill out 1120 line by line)
@ FreedomTax Accounting Do you file the 1040 personal tax with the 1120 ?
Thanks for the info, i have a question if you may, I’m a foreigner, not living in the states, i formed an LLC last month, in March/2022. Do i need to file for the tax this April?
Thank you for this breakdown. Exactly the visual I needed