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Business & farm
@K M W, Just a follow up question regarding:
"Unless you elected to be taxed as a corporation for federal tax purposes, your Single Member LLC is treated as an entity disregarded as separate from it's owner for income tax purposes."
For my case:
I have filed for an EIN number, but did not elect to register as an S or C-Corp.
Does that mean I elected to be taxed as a corp for federal tax purposes? Or is there another thing that determines that?
Thank you again!
‎November 13, 2024
12:44 PM