ehill
Level 4
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  • The very first line in Part III, says:[ ] 501(c) Corporation/Association then the blank for the section number.Do not check any of the other boxes in that secti...
    ehill
    3
    May 19, 2023
  • You enter the information on the information works sheet at the beginning, part 3
    ehill
    8
    May 19, 2023
  • Then it is a schedule c on his personal tax return. As he would have had to elect other tax treatment such as corporation or sub s corporation.
    ehill
    1
    Mar 29, 2023
  • Is the new LLC a partnership? That does not sound right if he is just a consultant?A single member LLC is generally considered a disreguarded entity and goes on...
    ehill
    3
    Mar 29, 2023
  • Report it on the 1099 NEC and link it to a Schedule C if the llc is a disregarded entity.
    ehill
    7
    Mar 29, 2023
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Member Since ‎12-07-2019
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