As a general rule, LLCs, GPs, and SPs are taxed as ________. A. Corporations B. Not taxed

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As a general rule, LLCs, GPs, and SPs are taxed as ________.

A. Corporations

B. Not taxed

C. Individuals

D. Taxed twice, once as entity and once as individuals

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Entrepreneurship

ISBN: 9781975076344

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Authors: OpenStax

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Question Posted: Oct 19, 2023 03:27 AM

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As a general rule, LLCs, GPs, and SPs are taxed as ________. A. Corporations B. Not taxed

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LLCs GPs and SPs are typically taxed as individuals So the answer is C Individual...View the full answer

Entrepreneurship

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