As a member/manager of an LLC electing to be taxed as a partnership, I was under the impression I could recieve employee compensation for my services as manager. TurboTax for business, however, states very clearly that a partner of a partnership cannot be an employee of that same partnership. Anyone care to illuminate this spot of darkness in my search for the right form of business for my company.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra