Rose S
Level 3
01-20-2022
10:48 AM
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Can a minor set up an LLC ? If yes, can they chose to file as an S Corp? Also, can it be set up with another adult(who is not a parent, more of a business partner)? State is CA.
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sjrcpa
Level 15
TaxGuyBill
Level 15
01-20-2022
12:12 PM
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As was pointed out, forming a legal entity (and figuring out its complications) is something that needs to be brought to a business attorney. Asking questions on any online forum is not a good idea - it should be brought to a professional that specializes in it, or else you are likely going to be doing something wrong.
Rose S
Level 3
01-20-2022
12:24 PM
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Okay Thanks!
qbteachmt
Level 15
01-20-2022
01:26 PM
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Since you asked about S Corp, it's also a Labor Standards question, because now you are veering into Payroll for minors.
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