Strongsilence-C PA
Level 10
10-01-2024
03:41 PM
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"How does business formation fit into this for your taxpayer? That advice is generic, not specific to your individual."
Thanks for the question. She has set up numerous SMLLCs and I need to ask her more about her strategy.
Maybe I am wrong about not filing a Schedule C? Yet, I don't find anything directly to this point and it seems wrong that the Schedule C will only have expenses and no income (because the income will be on E.)