Company in 2016: I am a single member LLC who has a few equity investors. This is a new Company in 2016. Can I report all of my business activities on my personal 1040?
I would discuss with your accountant. They are in the best position to advise you.
To me, equity investors mean owners who share in the profit or loss. That, to me, makes it a partnership firm 1065 & not a schedule c. You may also be a corporation.
Resolution for 'Company in 2016 issue: 'I am a single member LLC who has a few equity investors. This is a new Company in 2016. Can I report all of my business activities on my personal 1040?' available: Yes.
The Company in 2016 issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Company in 2016 issue yourself by looking for a resolution described in the article. If it is a complex Company in 2016 issue or you are unable to solve the issue, you may contact us by clicking here or by using other Company in 2016 support options.
For more information about resolving issues related to Company in 2016 in Quickbooks/QBO or to get support for the issue 'I am a single member LLC who has a few equity investors. This is a new Company in 2016. Can I report all of my business activities on my personal 1040?', click the link below: