LLC may chose to be taxed as partnership (file 1065)
or as a S corparation (file 1020S). Both are limited
libality and passthrough. A Chapter C corparation files Form 1020. Only legal US resident may set up S-corp.
LLC may chose to be taxed as partnership (file 1065)
or as a S corparation (file 1020S). Both are limited
libality and passthrough. A Chapter C corparation files Form 1020. Only legal US resident may set up S-corp.
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