Consumption and Real Estate
How does a Idaho Home based LLC with spouses as the only 2 members file ? 1040 & Sched. C or Corp. Details?
Question : How does a Idaho Home based LLC with spouses as the only 2 members file ? 1040 & Sched. C or Corp. Details?
idaho homes
Best answer:
Answer by v b
Did you incorporate?
Do you both materially participate?
For an LLC with 2 members, you need to file
1040
1065 Return on Partnership Income http://www.irs.gov/pub/irs-pdf/f1065.pdf
K1 Share of Partner’s Income http://www.irs.gov/pub/irs-pdf/f1065sk1.pdf