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  • Re: I've registered my muti-member LLC for rental investments as an s-corp by mistake in 2024. How can I undo this and what do i still need to do for the S-Corp Tax? I did not give salary in 2024, I ...
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M-MTax
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Business & farm

You can revoke the election. See IRS procedures at the link below.

 

https://www.irs.gov/forms-pubs/revoking-a-subchapter-s-election

‎January 20, 2025 1:09 PM
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