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Updated almost 12 years ago on . Most recent reply

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116
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Pat Martin
  • Knoxville, TN
57
Votes |
116
Posts

Anyone use series LLC?

Pat Martin
  • Knoxville, TN
Posted

Any of you guys in a state that allows series LLC use them? There is not much info from the IRS on these new entities and I am getting slightly different information from my accountant and attorney. Do you have to have a different bank account and file a separate tax returns for each series? Or just file one for the main LLC and combine all the separate series in one tax return?

Thanks!

Most Popular Reply

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5,273
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Steven Hamilton II
  • Accountant, Enrolled Agent
  • Grayslake, IL
2,325
Votes |
5,273
Posts
Steven Hamilton II
  • Accountant, Enrolled Agent
  • Grayslake, IL
Replied

Here is a link from the IRS:
http://www.irs.gov/irb/2010-45_IRB/ar11.html#d0e1531

  • Steven Hamilton II
  • [email protected]
  • (224) 381-2660
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