abctax55
Level 15
06-20-2023
07:17 PM
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But here's a bone....
"....a sole member LLC in which I am the only the only 1099 employee."
1099 and 'employee' are NOT interchangeable terms; basically they are opposites. You can't be an employee of yourself (of your SMLLC). I'm hoping you didn't jump thru the hoops to file payroll tax returns/W-2's etc?????
So, no.... your clever strategy is not allowed.
HumanKind... Be Both