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Is a member of an LLC considered self employed 2024?

Daniel Harris | 2023-06-12 03:18:22 | page views：1257
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Ethan Davis

Works at the International Organization for Migration, Lives in Geneva, Switzerland.
LLC members are considered self-employed business owners rather than employees of the LLC so they are not subject to tax withholding. Instead, each LLC member is responsible for setting aside enough money to pay taxes on that member's share of the profits.
2023-06-16 03:18:22
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Lucas Lee

QuesHub.com delivers expert answers and knowledge to you.
LLC members are considered self-employed business owners rather than employees of the LLC so they are not subject to tax withholding. Instead, each LLC member is responsible for setting aside enough money to pay taxes on that member's share of the profits.
How LLC Members Are Taxed | Nolo.com
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