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January 31, 2025
Question

Can Turbotax help me turn my single member LLC small business into an S corp or C corp?

  • January 31, 2025
  • 1 reply
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    M-MTax
    January 31, 2025

    Can Turbotax help me turn my single member LLC small business into an S corp or C corp?

     

    You have to file Form 2553 (S corp) or Form 8832 (C corp).

     

    C corp: https://www.irs.gov/pub/irs-pdf/f8832.pdf

    S corp: https://www.irs.gov/pub/irs-pdf/f2553.pdf

     

    You don't need Turbotax to file those forms and make the election.