topic Single member LLC - S corp status revocation in Get your taxes done using TurboTax

Single member LLC - S corp status revocation

user17690078874 — Wed, 21 Jan 2026 16:07:53 GMT

I have a single-member llc that elected S-corporation status. I need to revoke the S-corp election and be treated as a disregarded entity (Schedule C) going forward, effective January 1, 2026.

I am trying to e-file Form 1120-S using TurboTax Business (desktop version), but I cannot find an option to attach Form 8832. Does this mean Form 8832 must be filed manually? If so, can I e-file Form 1120-S first and, once it is accepted, mail Form 8832 separately?

In addition, do I need to mark the return as a “Final return” on Form 1120-S? Form 8832 specifies the new entity classification after revoking S-corp status, so I am unsure whether the “Final return” box should be selected on Form 1120-S. If yes, how do I do this in TurboTax Business?

On page 1 of Form 1120-S, Section H includes several checkboxes (Final return, Name change, Address change, Amended return, S election termination). In my case, should I select “Final return” or “S election termination,” and how is this handled within the TurboTax Business software?

Re: Single member LLC - S corp status revocation

M-MTax — Wed, 21 Jan 2026 16:34:36 GMT

You should indicate that the return is final and note the following from the IRS web site:

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

Re: Single member LLC - S corp status revocation

M-MTax — Wed, 21 Jan 2026 16:36:53 GMT

Also, see the instructions for Form 8832:

https://www.irs.gov/pub/irs-pdf/f8832.pdf

File Form 8832 with the Internal Revenue Service Center for your state listed later.
In addition, attach a copy of Form 8832 to the entity’s federal tax or information return for the tax year of the election.

Re: Single member LLC - S corp status revocation

user17690078874 — Wed, 21 Jan 2026 17:09:52 GMT

how do you indicate it? Through 1120 S or form 8832 or the statement of revocation letter?

Re: Single member LLC - S corp status revocation

M-MTax — Wed, 21 Jan 2026 17:12:53 GMT

File the statement and the form (attach a copy to the return and send a separate copy to the address listed in the instructions). Also, indicate that the return is final.

Re: Single member LLC - S corp status revocation

AmeliesUncle — Thu, 22 Jan 2026 05:31:08 GMT

You only need to file Form 8832 to become a disregarded entity. There is no "revocation" needed.

Double check that you are eligible to make the election to become a disregarded entity. Your S-election would have needed to either be 60 months ago or was effective on the date the LLC was formed.