O-1 visa and passive LLC ownership
I hold an O-1 visa for extraordinary ability in the arts. I have a U.S. LLC that I use for my creative work and brand licensing. My O-1 is sponsored by an agent, and I perform work for various clients through the agent. Can I also receive income through my LLC for passive licensing deals? How does the IRS treat O-1 visa holders who have both agent-facilitated income and LLC income?
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