Dan341
Level 2

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.