4 ms·
IANAL, but don't you need an s-corp for that? This seems to be saying the same thing: https://smallbusiness.chron.com/true-owner-llc-cannot-w2-income-68199.htm
by strictnein 7y ago
IANAL, but don't you need an s-corp for that?
This seems to be saying the same thing:
https://smallbusiness.chron.com/true-owner-llc-cannot-w2-income-68199.html https://smallbusiness.chron.com/true-owner-llc-cannot-w2-inc...
- gamblor956 7y agoYes. But an LLC can be an s-corp. The article is referring to true LLCs, i.e., those which have elected pass through treatment.