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  • How is an LLC taxes 2024?

    taxed LLC LLC

    Questioner:Emily Allen 2023-05-08 00:39:20
The most authoritative answer in 2024
  • Sophia Cooper——Studied at University of Oxford, Lives in Oxford, UK

    Unlike a corporation, LLCs are not taxed as a separate business entity. Instead, all profits and losses "pass through" the business to each member of the LLC. LLC members report profits and losses on their personal federal tax returns, just like the owners of a partnership. ... To do so, an LLC must file Form 8832.read more >>
    +119962023-05-09 00:39:20

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