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This option is mostly used by taxpayers who do not have any SE income on their tax return during the year. They may want to pay minimum SE tax to meet the requi...
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The member is a Ca resident, so he will be taxed on K-1 income from the AZ LLC. So his Federal income is say $1000 and we had taken bonus depn of $200 to arrive...
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We filed 2021 LLC tax return for AZ State LLC . The business is a hotel that is in the state of AZ. Ca FTB wants us to file a CA LLC tax return since the member...