Question

i have created an LLC, but i am not sure if i created the LLC as S or C, how to find?

Forum|Forum|1 year ago
December 28, 2024
1 reply
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Perhaps your application to the state ( which state ? ) states what you have created. Also note that an LLC can be single member ( generally dis-regarded entity i.e. you file Schedule-C using your SSN but pay employees under EIN ), multi member LLC is usually a partnership ( with pass-through characteristics ). An LLC also can choose to be taxed as a C-Corp or S-Corp -- but you must declare this in the first filing at least.

Is there more I can do for you ?

Namaste ji

pk