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New Member
posted Jun 6, 2019 2:10:59 AM

Does the IRS allow me to use a "business start date" (in 2019) that is different from my (single member) LLC formation date (in 2018)?

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Level 13
Jun 6, 2019 2:10:59 AM

Yes.

The date of formation of a business does not have to correlate to the date the business started.  This is typically as many businesses incur time and expense before their door actually open for business.