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A comment on Ask HN: Side projects that are making money, but you'd not talk about them?. Parent comment

Re:Ask HN: Side projects that are making money, but you'd no... by awillen on Saturday June 06, 2020 @11:26PM (#23444530)
I'm not an expert and will need to double check, but I believe an S-corp is more complex, and since it's just me it's not really any better. And from the tax side as an LLC you can elect to be taxed as an S-corp so no benefit there.
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Re:Ask HN: Side projects that are making money, but you'd no... by thrownblown on Saturday June 06, 2020 @11:41PM (#23444583)
Phantom income from my s-corp excluded my family and I from healthcare subsidies when I really couldn't afford to pay full price for healthcare.
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