LLC Member Active or Passive Activity

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  • Unregistered
    #1

    LLC Member Active or Passive Activity

    Is general LLC member Active or Passive activity? Or it should also look at their participation activity. Is General LLC member's K-1 income subjuect to SE tax?
    Thanks
    Tags: None
    • Matt Sova
      Senior Member
      • Jun 2005
      • 645
      #2
      Beating a dead horse

      Main Forum / Tax Discussion - TMI Message Board
      http://www.thetaxbook.com/forums/showthread.php?t=1337&highlight=members+tax
      Primary Forum for posting questions regarding tax issues. Message Board participants can then respond to your questions. You can also respond to questions posted by others. Please use the Contact Us link above for customer support questions.

      Click on the link or copy and paste it. It will take you to a spirited discussion on this issue from a few weeks ago on this board. Quite a few people chimed in giving their thoughts and opinions on this matter.
      I would put a favorite quote in here, but it would get me banned from the board.

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