menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Understanding Business
  4. Exam
    Exam 5: How to Form a Business
  5. Question
    The Owners of a Limited Liability Company (LLC) Must Pay
Solved

The Owners of a Limited Liability Company (LLC) Must Pay

Question 149

Question 149

True/False

The owners of a limited liability company (LLC) must pay self-employment taxes on any profits they earn, even if they did not obtain a salary from the company.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q144: Which of the following statements is the

Q145: A(n) _ is an arrangement whereby someone

Q146: In order to protect all parties and

Q147: According to the box, "Kickstarting a Benefit

Q148: A franchise can be formed<br>A) only as

Q150: Franchising is a key component of the

Q151: Although most new firms start out as

Q152: Foreign investment in U.S. companies continues to

Q153: A master limited partnership (MLP) is<br>A) is

Q154: When Genna confided in Lou and Al

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines