Q: I heard Husband & Wife LLC can be still treated as a disregarded entity so as sole propertorship. Is that true?
Hello, I am planning to open LLC. Couldn’t find the answer to one of my questions. I know single person owned LLC in tax is treated as a sole proprietorship and also when is owned by Husband and Wife it can be still consider disregarded entity. So when opening should I include my Husband as a part of LLC or simply open by myself and hire Him to do the work I want Him to? Which way is better for tax purposes?
Thank You!
A: Go to the following link on your computer: https://ttcl.intuit.com/questions2133106. They will have an answer for you. It is, however, rather long and complicated. Good Luck.
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