I keep hearing about Schedule C, but my foreign-owned LLC adviser says it may not apply to me at all
I am in Brazil and own a single-member U.S. LLC. Generic LLC content online keeps telling me Schedule C is the standard return for a one-owner business. My U.S. adviser says that is domestic content and that Schedule C only matters if I personally end up filing a Form 1040-NR posture that uses it.
That sounds logical, but it is also very different from the normal U.S. small-business advice. I want to know whether Schedule C really is optional or irrelevant for many foreign-owned LLC owners.
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