I established an LLC effective Dec 20, 2017. I just faxed over form 2553 (2/12/18) to the IRS. Will I be able to file as an SCorp for 2017 (for those 11 days)?=====>>for 2018, NOT for 2017. an LLC elects S corp status by filing IRS Form 2553 with the IRS. The election must be made no more than2 months and 15 days after the beginning of the tax year when the election is to go into effect.
Or did I file my form 2553 to late? ===========>yes too late for 2017.
Also, do I need to file the form 8832 as well? =========>> aslongas you want your LLC to be taxed as a S corp, you must file IRS Form 8832 . |