Herb Hoffman CPA
Level 1
08-15-2020
07:05 PM
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I have a new client, a limited liability company located in the State of New Mexico. How do I set it up in the partnership section of Lacerte?
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BobKamman
Level 15
08-15-2020
10:23 PM
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Have they already decided to be taxed as a partnership and not as a sole proprietor or corporation?
John_0
Level 2
02-24-2021
07:49 PM
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The LLC has to register similar to corporation through the NM state secretary. Single member LLC will not have anymore filing requirements. Others will follow the PTE or CIT depending of their Federal Status