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LLC taxed as an "S"

  • 1.  LLC taxed as an "S"

    Platinum Most Valuable Member
    Posted 04-01-2019 17:48
    Can an LLC  formed in March of 2018  make an election to be taxed as a Corp for the 2018 year ?    If yes, could i then avail myself of the relief  of a Late election for "S" ?

    Any Help Appreciated.

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    Abby Alhante
    KURCIAS & ALHANTE, CPAs LLC
    Melville NY
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  • 2.  RE: LLC taxed as an "S"

    Gold Most Valuable Member
    Posted 04-02-2019 06:40
    Yes.  Prepare the 2553 to make the election.  Send it in with the return.

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    Neil Fishman CPA
    FISHMAN ASSOCIATES CPAs PA
    Boynton Beach FL
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