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| Name | How to File Federal Income Tax Return for US LLC๐บ๐ฒ | IRS Tax Filing 2024๐ธ |
| Video Uploader | Video From Webics Solution |
| Upload Date | This Video Uploaded At 16-02-2024 09:09:28 |
| Video Discription | In this video, you will learn about How to File Federal Income Tax Return for US LLC๐บ๐ฒ | IRS Tax Filing 2024๐ธ Every LLC in the USA needs to File Federal Income Tax? - Yes, every year. When will we need to file it? - Every year after passing December (accounting period: start of January to end of December) What are the due dates? - Single Member LLC: April 15 - For partnerships, multi-entity LLCs, and S-corporations, March 15 is the standard date for filing 1065 and 1120S returns with the Schedule K-1s. For C-corporations, Form 1120 is due on April 15 of each year. How to File Tax Return: SINGLE MEMBER LLCs: - the IRS considers any single-member LLC a disregarded entity and a sole proprietorship for federal income tax purposes. - ITIN Holders filing forms: Form 1040 with Schedule C - Non- ITIN Holders filing forms: 5472 and 1120 forms MULTI-MEMBER LLCs: - A Schedule K-1 is provided against every member of the LLC with a 1065 form. (sometimes more forms are attached) How much Service Charges for Federal Income Tax Filing: - $200-$400 (But we will give special discounts to our subscribers, send SS that you are a channel subscriber, and get very cheap service charges after discounts.) 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