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Dividends paid by LLC taxed as C Corp


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Yes, it can.  It will need to issue a 1099-DIV to the recipient(s).  This entity will also have the same issue of double taxation as regular C corps.

Keep in mind that as a C corp this entity can put an owner on payroll, create a deductible expense at the corporate level, and can control the timing of income recognition at the personal level since it is not a flow-through entity.

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