Skip to main content
August 27, 2021
Question

Can I pay an LLC partner?

  • August 27, 2021
  • 1 reply
  • 0 views
2 family members as partner providing educational services

1 reply

Rustler
August 27, 2021

It can get dicey and I would not recommend paying a partner as an independent contractor, but...

 

set them up as a vendor, then create a bill for the teaching service provided and the amount and then pay the bill.  The vendor has to be marked as eligible for a 1099.

 

BUT if the partnership is in the business of teaching, then NO you can not since that is the business the partnership is in.