I have an LLC in Nevada and would like to change it to an S corp. How can I do that?
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I have an LLC in Nevada and would like to change it to an S corp. How can I do that?
I had the same problem.. But I accidentially made myself a LLC instead of S corp... You have to Fill out FORM 1120S (Income tax return for an S Corp)
In order to become an S-Corp from an LLC, you need to file IRS Form 2553 Election by a Small Business Corporation. This lets the IRS know that you are electing to be treated as an S-Corp and then they will expect you to file the Form 1120S for your business return.
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