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  • Do LLC's pay taxes 2024?

    LLCs tax LLC

    Questioner:Mia Wilson 2023-05-08 00:38:45
The most authoritative answer in 2024
  • Benjamin Brown——Works at the International Atomic Energy Agency, Lives in Vienna, Austria.

    The IRS treats one-member LLCs as sole proprietorships for tax purposes. This means that the LLC itself does not pay taxes and does not have to file a return with the IRS. As the sole owner of your LLC, you must report all profits (or losses) of the LLC on Schedule C and submit it with your 1040 tax return.read more >>
    +119962023-05-13 00:38:45

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