Attie
Level 1
03-21-2023
03:34 PM
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My Client and his wife just had a attorney sign them up for a LLC. Also named in this LLC is a brother and all income and expenses are spilt 50/50. The attorney told them that they did not have to file any different tax return than they always have. (1040). I thought that because they have a third party on this LLC they have to file a partnership return. Can't seem to find anything that says different. Attorney says they don't know anything about taxes. Can anyone clarify?
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