Jump to content
ATX Community

LLC filing 2553 - dates of inc and state of inc


schirallicpa

Recommended Posts

1 hour ago, schirallicpa said:

Perhaps a dumb question.  But the LLC is not incorporated.  Do I answer these questions?

It appears to me that you have interpreted the issue correctly. I think that the date of incorporation and the state of incorporation are "state" related questions

not "federal" related questions and that is why I would leave the questions blank.

Link to comment
Share on other sites

1 hour ago, cbslee said:

not "federal" related questions

I have to disagree, otherwise why would they ask the questions?

My interpretation is the IRS wants to know when the entity was incorporated and in what state.   

In the OP, the incorporation date is the same as the effective S-CORP election date, that will match the incorporation date on 1120-S.

1 hour ago, cbslee said:

I would leave the questions blank.

And possibly receive a rejection or request for additional information?

Have you filed one that way before?

Link to comment
Share on other sites

6 minutes ago, cbslee said:

Exactly my point🙂

Hate to drag this on, but then why leave it blank and withhold the information requested by the IRS?

Here is a second "opinion" per   https://www.thetaxadviser.com/issues/2013/dec/casestudy-dec2013.html                                                                                  "......the effective date of the S election could be entered."

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...