To elect to be taxed as a corporation, you will need to file Form 8832, Entity Classification Election. You can file as a C-corp using TurboTax business, and submit Form 8832 along with your return. You will have to request a late election relief if you are trying to get C-corp status as of January 1, 2022. For more information, see the instructions in IRS Form 8832. Make sure that you are aware that while you may pay less income tax on the company's earnings, any distributions you take from the company will be dividends, reported on Form 1099-DIV and taxed as such.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
