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Updated almost 8 years ago on . Most recent reply
Nicole A.Poster
Pro Member
- Rental Property Investor
- Baltimore County Maryland and Tampa Florida
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LLC tax refund mixed with your personal tax refund
I wanted to know if I'm the only one that asks this of my tax guy.
Since our LLC is a "pass through" type of entity, any refund during tax season is put on our personal returns. Each year, I ask him how much of that refund is due to the LLC so that I can take that amount and put it back into the LLC.
Do you all with LLCs do/ask this too? Or am I being a pain to him for no reason? :-)