Hello All- thanks in advance for any thoughts you can share.
I've been ramping up my business for a couple of years, and I just set up an LLC and am about to submit the application for S-Corp designation.
As I write this, I'm thinking the answer might be obvious, but I'm hoping for confirmation and maybe some insight: how do I file taxes for _last_ year? I'm guessing it's just as a sole proprietor, but I was kind of hoping that there might be a way to file as and S-Corp _last_ year, even thought it's just now getting set up.
Bonus Points: the primary driver for this is that I want to set up a Solo 401(k), and contribute to it for _last_ year as well, but the forms (Vanguard) seem to indicate that the plan starts the year it was created.
Thanks again for any thoughts- it will be a huge help and relief if I cant get even a bit of direction on this question
