BrittanyS
Expert Alumni

Self employed

Yes, filing as a corporation is the appropriate option for the input box.  A Limited Liability Company is an entity created by state statute.  For filing purposes, depending on the elections made by the LLC when established, filing will be determined either as a corporation, partnership, or as part of the 1040 Schedule C.  Although you are still considered an LLC, you are electing to file as a Corporation for tax purposes.

 

If you are an LLC with more than one member, the IRS will assume you are filing as a partnership for tax purposes.  To file and be taxed as a corporation, you will want to notify the IRS by filing Form 8832: Entity Classification election.    

 

For more information on business filings, see the links below:

 

Limited Liability Company Taxes

LLC Filing as a Corporation or Partnership

 

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