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March 16, 2021
Question

How do I report personal funds that I place into my LLC to keep business operating? LLC is a pass through single entity

  • March 16, 2021
  • 1 reply
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    1 reply

    Employee
    March 16, 2021

    You do not need to report the funds on your personal income tax return, but you should maintain books and records, which would include funds advanced for operations.