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June 6, 2019
Solved

I contribute cash monthly to an LLC I am a member of. Will that be reported on my K-1, or do I report it as a business expense under my Schedule C?

  • June 6, 2019
  • 1 reply
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Best answer by LeeM

That should be reported on your Schedule K-1 from the LLC as an Owner/Capital Contribution. I would ensure it is as that will affect your "investment" in the company.

1 reply

LeeMAnswer
Employee
June 6, 2019

That should be reported on your Schedule K-1 from the LLC as an Owner/Capital Contribution. I would ensure it is as that will affect your "investment" in the company.