Hi. I formed a single-person LLC in New Jersey. For Federal tax purposes, I elected to disregard the LLC and will file Form C on my personal Form 1040. But I am not sure what to do for my New Jersey tax return. Does NJ recognize a single-person LLC? Or do they too disregard it for income tax purposes?
Also, do I pay the employer and employee Social Security taxes with Form SE or does should I pay those through the LLC?
Thanks!
Also, do I pay the employer and employee Social Security taxes with Form SE or does should I pay those through the LLC?
Thanks!
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