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entering s-corporation sch. k1 on form 1040 without corporation number

msfarshchi
Level 1

How to tax an SMLLC as an s-corp while have no corporation number.

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3 Comments 3
Terry53029
Level 14
Level 14

You need to file form 2553 within 2 1/2 months from the start of the tax year you want the Scorp effective

See link:

https://www.irs.gov/businesses/small-businesses-self-employed/single-member-limited-liability-compan...

sjrcpa
Level 15

Are you asking about a state corporation number?

California?

The more I know, the more I don't know.
qbteachmt
Level 15

"How to tax an SMLLC as an s-corp"

For Federal purposes, an S Corp isn't taxed.

For Federal purposes, you would only have a K-1 because someone prepared 1120S. How could they file 1120-S without EIN, because S Corp requires Payroll, so how did they run payroll without EIN?

So many questions. So few details.

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