Skip to main content
Question

So how should taxes be put aside during the year for LLC with 2 members?

  • February 26, 2025
  • 1 reply
  • 4 views

Monica R
HoneyBook Community Team
Forum|alt.badge.img+7

Castle Ever After Event’s question from the Your Guide: Sole prop, LLC, or S-Corp webinar with ​@Geily Romero

1 reply

Geily Romero
Forum|alt.badge.img+4
  • Newcomer
  • February 27, 2025

Hi! 

You may each agree to set aside a percentage for taxes, if it’s a multi-member LLC, you will each be responsible for your own share of the partnership taxes.