Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

BOI/PRIOR 2024

judys3
Level 5

Has anyone completed the BOIR and did not check the box existing prior to 2024?  I failed to do so on a company and wondering if I should do a corrected report?  I'm not sure how I did this as I haven't had any llcs open in 2024.

0 Cheers
1 Best Answer

Accepted Solutions
Terry53029
Level 14
Level 14

That box just tells when you have to have report in. 

A reporting company created or registered to do business before January 1, 2024, will have until January 1, 2025 to file its initial beneficial ownership information report.

A reporting company created or registered on or after January 1, 2024, and before January 1, 2025, will have 90 calendar days after receiving notice of the company’s creation or registration to file its initial BOI report.

Being you have already filed the report I wouldn't worry about it, but I am no expert on the subject, just my opinion

View solution in original post

6 Comments 6
IRonMaN
Level 15

I haven't tried making any changes so I have to ask - is that something that you can update in their system?


Slava Ukraini!
0 Cheers
Terry53029
Level 14
Level 14

That box just tells when you have to have report in. 

A reporting company created or registered to do business before January 1, 2024, will have until January 1, 2025 to file its initial beneficial ownership information report.

A reporting company created or registered on or after January 1, 2024, and before January 1, 2025, will have 90 calendar days after receiving notice of the company’s creation or registration to file its initial BOI report.

Being you have already filed the report I wouldn't worry about it, but I am no expert on the subject, just my opinion

judys3
Level 5

I have emailed through the BOI website to ask this question.  Just wondering if anyone here had some in site.  Thank you for your response

0 Cheers
judys3
Level 5

yes there is an option for a correction.  Before I did this I wondered if I should or shouldn't.  

0 Cheers
IRonMaN
Level 15

I am not an expert on the subject either, but I agree with Terry.  As long as it was filed timely, I wouldn't lose any sleep over it.


Slava Ukraini!
Jim-from-Ohio
Level 11

I emailed the BOI on two different questions. both times nada reply.. crickets