Taxes for LLC "Dividend" Distributions - Posted by Rik NJ

Posted by Brian(Northern NJ) on March 09, 2002 at 19:56:14:

The income from an LLC is reported on a form K-1 and flows from the K-1 to your ordinary income. Dividends also eventually flow into your ordinary income(W-2) and are reported along with rental, interest and royalty income on Schedule B. Where abouts in Jersey are you located?

Taxes for LLC “Dividend” Distributions - Posted by Rik NJ

Posted by Rik NJ on March 09, 2002 at 08:12:34:

Are “dividend” distributions from an LLC taxed at the capital gains rate or at the tax rate of the individual?

Thanks,

Rik