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Business & farm
Hi @AmitaR
I'm currently classified as an SMLLC, could I file my taxes as an S Corps an change my classification for the IRS/EIN attached as well?
Also, can you clarify what this means? It seems really interesting.
You may draw additional amount as a distribution, and not have to pay self-employment tax on that distribution.
Thanks for your help and time!
‎November 13, 2024
2:17 PM