Explore the 1,000’s of tax questions answered by professionals.

Back to Filing Taxes

QUESTION DETAIL 

Related User

Votes

I have an LLC wich the IRS categorized as a C Corp and asked me to file form 1120. I receive monthly funds from one of my LLC members (my sister) for operating the company. How should I report it when I file1120? Should I file it as taxable income unde


ANSWER

-or-

The BIDaWIZ Team

 

 

  • Currently 4.6190/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1547 Ans.