TaxGuyBill
Level 15
07-11-2020
06:19 PM
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Can you clarify what you mean by "feeds"? Do you mean that the SMLLC is owned by the Partnership?
The SMLLC is "disregarded". So if it is a owned by the Partnership, all income and expenses are reported on the Partnership return. Nothing is done for the SMLLC (at least on the Federal level).