Question

Should I wait on the IRS to approve Form 2553 before filling out W9 forms as and LLC filing as an S-Corp

Forum|Forum|3 years ago
June 21, 2022
1 reply
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I have an LLC that I submitted Form 2553 to elect S-Corp status. I am still waiting to hear back from the IRS. I need to fill out a W9 for a client and I don't know if I should Select LLC with S corporation tax classification or Individual/sole proprietor or single-member LLC.

Is it safe to just assume the IRS will approve it?

Critter-3

For the W-9 it really doesn't matter at this time since the info on it will not be needed until next January. You can presume the S-corp election will be approved if you wish. You can always send the payer an updated form if the S-Corp is not confirmed.