Question

I have a PLLC for my real estate business can i file separate from my personal taxes

Forum|Forum|4 years ago
April 14, 2022
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TurboTax Live Self Employed

If you are the sole owner of the LLC, you would normally file your business income on schedule C on your personal tax return. However, you could choose to be taxed as an S corporation, in which case you could file an S corporation return to report your business income. However, the net income is still going to flow down to your personal tax return from the K-1 form reporting.

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