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Do I have to pay self-employment tax if i have only expenses from my LLC

This is a discussion on Do I have to pay self-employment tax if i have only expenses from my LLC within the Credit forums, part of the Main Category category; and Have a fulltime job that took tax I work fulltime and i am trying to start a llc business ...





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Old 06-14-2008, 06:55 AM   #1
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Join Date: Jun 2008
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and Have a fulltime job that took tax I work fulltime and i am trying to start a llc business on the side. I have the llc and tax id set up from last year. i only have expenses from last year because i havent started conducting business yet. But i have all taxes taken out from my fulltime employer. Well I have to pay self employment taxes for LLC or will there be non for this year? Please Advise.
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