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Business & farm
@kalilahi wrote:I am in the same boat (changing a single member LLC to multimember LLC) and the IRS rejected the 8832 b/c the EIN is associated with the single member.
There is no need to file 8832. Adding a member automatically makes it taxed as a Partnership, so there is no election to be made.
If the EIN belongs to the LLC, there is no need for a new EIN.
‎June 25, 2024
8:23 PM