LLC taxed as a sub S corp

Oct 02, 2021 Last reply: 4 years ago 1 Replies

Does it need a TIN, or can it continue to use the single member's SSN as the LLC had been doing?



========================================= MODERATOR'S COMMENT:



It needs a new TIN


You need to file 2553 to elect to be taxed as an S corp. That form requires an EIN.

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