Description
file 8832 Short Answer: Yes. A limited liability company (LLC) can elect S-corporation status by filing IRS Form 2553 without first filing Form 8832. In fact, an LLC that meets the IRS’s requirements for S-corp status generally does not need to file Form 8832 at all. Form 2553 alone is sufficient to change the LLC’s tax classification to an S-corporation. Below, we’ll explain why Form 8832 is ....
how do i file a complaint with 8888 Form 8832 is an IRS tax document used by a business to choose how it will be classified for federal tax purposes. Businesses can elect to be classified as a corporation, a partnership, or a disregarded entity using this form. The IRS uses the information to determine reporting requirements.
file 8843 Looking to change your LLC tax status or make an election for your business? Learn about IRS Form 8832 & tax classification options with Block Advisors.