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Schedule K1 (Form 1065) For calendar year 2006, or tax year beginning 651106 Final K1 Part III Amended K1 Partner's Share of Current Year Income, Deductions, Credits, and Other Items 4 B 6a Ordinary
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Member-manager refers to a member of a limited liability company who is also responsible for the management and decision-making of the company.
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The member-manager of a limited liability company is required to file with the appropriate state agency.
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The purpose of member-manager is to designate individuals within the company who have decision-making authority and management responsibilities.
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The information that must be reported on member-manager includes the names of member-managers, their roles within the company, and any ownership percentages.
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