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Get your taxes done using TurboTax
Thanks to both of you. You understood my situation, my objective and offered a well-thought-out solution.
I will proceed on your recommendation Rick 19744, run it through Turbotax and review it with a local tax professional before finalizing it. I tend to get the best results if I have run an unusual scenario myself, even if it is wrong, before discussing it with a tax professional. Yes, there are requirements to align the Articles of Incorporation and the Operating Agreement with the new status. This has been done. I just need to be sure that everything is square with the IRS.
Thank you, again.
‎July 12, 2021
6:18 PM
3,698 Views