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Business & farm
if the LLC filed form 8832 it would be taxed as a C corporation which would require filing form 1120. if it filed form 2553, once approved, it would be taxed as an S-corporation and file form 1120-S. it is not necessary, if S-corp status is desired to file form 8832. if neither form was filed it is taxed as a partnership filing form 1065.
3 weeks ago