New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.

Answers

Social Security Disability

Asked by: john  — 20 June, 2012

Can a person on disability form a LLC?

Answered by: admin  — 20 June, 2012

John,

I don’t see any reason why you wouldn’t be able to register an LLC with one of the states while on disability. However, as an LLC would generate personal income for you, I am not sure that wouldn’t cause any conflict with your benefits or personal finances. This is a question that you should definitely consult with a professional accountant.

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