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  3. . an llc is expected to earn $200,000 in annual pr

. An LLC is expected to earn $200,000 in annual profits. The LLC is owned...

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Question

Accounting

. An LLC is expected to earn $200,000 in annual profits. The LLC is owned equally by three people who have other substantial income and will not need their profits for many years. What is the appropriate tax-minimizing entity classification decision for this business?

Trust

S corporation

Disregarded entity

Partnership

C corporation

Answer & Explanation Solved by verified expert
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