pcmcpa Posted April 14, 2010 Report Share Posted April 14, 2010 Can a sole member PLLC be reported on schedule C of an individual tax return or must it be reported on an 1120S? A client just e-mailed me her information yesterday that she started a PLLC in 2009 and I just want to make sure that you can't do this before I tell her she missed the PLLC due date by a month. Thanks in advance for responding. Quote Link to comment Share on other sites More sharing options...
OldJack Posted April 14, 2010 Report Share Posted April 14, 2010 I'll bet you think we all know what a PLLC is and how it is taxed. Quote Link to comment Share on other sites More sharing options...
Pacun Posted April 14, 2010 Report Share Posted April 14, 2010 A Professional LLC should be treated as a disregarded entity and file schedule C or 1065. Quote Link to comment Share on other sites More sharing options...
Terry D EA Posted April 15, 2010 Report Share Posted April 15, 2010 Disregarded entity "sole member" file on Schedule C Quote Link to comment Share on other sites More sharing options...
OldJack Posted April 15, 2010 Report Share Posted April 15, 2010 My point in my post was that not everyone that might read our forum knows what acronyms mean. Therefore we should be careful how we use such in our posts to not confuse others. Everyone knows what an LLC is but not everyone knows what a PLLC is as that term is not in most tax books. Quote Link to comment Share on other sites More sharing options...
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