How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Bill Your Own Question
Bill
Bill, Enrolled Agent
Category: Tax
Satisfied Customers: 3152
Experience:  EA, CEBS - 35 years experience providing financial advice
6480514
Type Your Tax Question Here...
Bill is online now
A new question is answered every 9 seconds

My single member LLC is currently filing taxes as a sole proprietorship.

This answer was rated:

My single member LLC is currently filing taxes as a sole proprietorship. I want the business do its own tax return what needs to be filed with the IRS to do this?

If you want to file as a corporation then you would need to file Form 8832. Generally, this must be done by the due date of the LLC's first tax return.

 

http://www.irs.gov/businesses/small/article/0,,id=158625,00.html

 

http://www.irs.gov/pub/irs-pdf/p3402.pdf

 

http://www.irs.gov/pub/irs-pdf/f8832.pdf

 

http://www.unclefed.com/Tax-Bulls/2002/rp02-59.pdf

 

 

Bill and 2 other Tax Specialists are ready to help you

Related Tax Questions