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Updated almost 6 years ago on . Most recent reply
How to File Tax Return for LLCs in Living Trust
I just Transferred AAA LLC (me and wife owned 50%-50%) and BBB LLC (me 100% owned) to our revocable Living Trust, before AAA LLC file Tax Return with form 1065 and BBB LLC file Tax Return with Schedule C, What form should I use after I transferred both LLCs to the revocable Living Trust (me and wife are beneficiary and Trustee )? is there any impact for filing the Tax Return? we live in California.
Thanks