Can single member LLC carry losses forward?
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Short answer is no. The SMLLC can't (I'm assuming no election to be treated as a reporting entity..)
But the owner 'might' be able to, depending on all the other income/losses.
Short answer is no. The SMLLC can't (I'm assuming no election to be treated as a reporting entity..)
But the owner 'might' be able to, depending on all the other income/losses.
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