As far as an LLC (Mel’s Statemet) doesn’t it depend on how they elect to file – S Corp, C Corp, Partnership, or ‘C’
Cris
From: taxchat@yahoogroups.com [mailto:taxchat@yahoogroups.com] On Behalf Of Lynne Ayton
Sent: Tuesday, October 28, 2008 11:53 AM
To: taxchat@yahoogroups.com
Subject: Re: [taxchat] Husband-Wife LLC & OIH
drake allows you to put J on a sched c, & the 8829 automatically goes to the sched c also, but will create 1 SE's for each spouse. WI doesnt say it "wont" allow h/w llc's, so my guess is, you can file a joint sched C if state law allows it.
lynne
Mel Wolfson wrote:
I believe that an LLC can not elect to be treated as two Schedule Cs.
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