Contact UsI keep track of the finances for an LLC that I am part owner of. What forms or information am I responsible for providing to the other partners of mine prior to taxes being filed?
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John Stancil
You must provide each owner a K-1 form which is a part of the LLC tax return if you elected to file as a partnership or S Corp. File a 1065 if a partnership or a 1120S if an S Corp. If a C Corp was elected, there would not be a K-1 but you must give them a 1099-DIV for any dividends they received. You would file a Form 1120 for the organization.
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378 weeks ago