TR_241

Thanks for the info.

Can you file a 7004 extension for an LLC that wants to convert to S Corp and will file Form 2553 (late filing) with the return, and it still be considered a timely filed return OR do you have to file the tax return by the 3/15/23 deadline to be considered timely filed?

2 hours ago, Lion EA said:

The business is still operating in State#1, right? Brick & mortar? Employees in that state?

Do partners travel to State#1 to manage the business? Or employee manager in that state?

Do partners perform business activities from their home or from any location in State#2?

No brick & mortar or employees in State #1.  Partners don't travel to State #1 and no manager in the state.

Partners perform business activities from their home in State #2.  

The business has not relocated, just the owners.  They are paying fees to the state where the business was formed.

Thank you for the help!

Partnership was formed in 2021 in the state where owners resided at the time.  The owners relocated to a new state in 2022.  The business sells online products. 

Does the partnership file a return in the state where it was formed or in the state where owners reside in 2022?