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Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 28084
Experience:  Taxes, Immigration, Labor Relations
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Nevada LLC was created on March 4, 2014 ans SS 4 was also

Customer Question

Nevada LLC was created on March 4, 2014 ans SS 4 was also filed to IRS on the same day where in it was stated to file Foem 1065
We have filed extension for filing form 1065 can they elect to file as C-Corp and can they file now 8832 and elect to file as C-Corporation rather than partnership
Submitted: 1 year ago.
Category: Tax
Expert:  Lev replied 1 year ago.

Hi and welcome to our site!
Yes - that is possible.
However - when election on the form 8832 is made more than 75 days after requested effective date - that woudl be classified as "late election"
Late election is allowed not later than 3 years and 75 days after the effective date - and special procedure should be followed.
For specific procedure - see page 6 in instruction
http://www.irs.gov/pub/irs-pdf/f8832.pdf
Part II. Late Election Relief
Let me kniow if that answered your question.

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