Because of this, they are subject matter to self-employment taxes. This means that they have to pay out Social Stability taxes and Medicare taxes yearly based mostly on their own allocation on the LLC's revenue. That is taxation that's specifically determined by the LLC's net earnings. Harvard Business Services is https://www.egnc.gov.bn/Lists/ComplaintCategories/AllItems.aspx#InplviewHash92203be5-de70-4914-8805-3e2e36ac25bf=FilterField1%3DLinkTitle-FilterValue1%3DSecurely%2520Dissolving%2520Your%2520Llc%253A%2520Steps