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anthony2
New Member

I am a REALTOR and I formed an LLC for protection from potential suites. On my W-9 should I list as C=C corporation, S=S corporation or P= partnership?

 
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bwa
Alumni
Alumni

I am a REALTOR and I formed an LLC for protection from potential suites. On my W-9 should I list as C=C corporation, S=S corporation or P= partnership?

You should list it as whichever one it is.  If you don't know you need to speak with an attorney who can advise you as, for taxes, it makes a big difference.

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3 Replies
bwa
Alumni
Alumni

I am a REALTOR and I formed an LLC for protection from potential suites. On my W-9 should I list as C=C corporation, S=S corporation or P= partnership?

You should list it as whichever one it is.  If you don't know you need to speak with an attorney who can advise you as, for taxes, it makes a big difference.

VolvoGirl
Level 15

I am a REALTOR and I formed an LLC for protection from potential suites. On my W-9 should I list as C=C corporation, S=S corporation or P= partnership?

You could even be none of them.  If you are a single member LLC that has not elected to be an S-Corp you are a disregarded entity and file it as a schedule C in your personal tax return.    Did you get a separate EIN for your LLC or do you just use your SSN?  

If your LLC is setup as any of those other business entities you will need to file a separate business return like a 1065 Partnership/LLC or 1120-C or 11-20 S corp return.  Only you know what kind of LLC you set up.
TaxGuyBill
Level 9

I am a REALTOR and I formed an LLC for protection from potential suites. On my W-9 should I list as C=C corporation, S=S corporation or P= partnership?

Did you read the instructions?  From the VERY limited amount of information you gave, I suspect it is NONE of those, and you would only check the first box.
<a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/fw9.pdf">https://www.irs.gov/pub/irs-pdf/fw9.pdf</a>

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