George4Tacks
Level 15
04-21-2024
07:20 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Simple solution is to report the whole year on the CA 568 for the SMLLC.
Alternatively make two schedule Es, one for each time period and match the short period to the 568. Seems like too much effort, since the fee is likely the same for short year or the full year.
IT ALL SHOWS ON YOUR 1040 AND 540. The pass through is more from the 540 to the 568 for a SMLLC.
Answers are easy. Questions are hard!