topic Form 8832 in Business & farm

Form 8832

Benny12 — Mon, 09 Mar 2026 05:03:36 GMT

I filed form 8832 to revert back to llc from s corp. I will have two months of s corp business and 10 months of llc business. Do I file two different tax returns for the year.

Re: Form 8832

AliciaP1 — Thu, 24 Feb 2022 20:22:45 GMT

Yes, you will file the Final S-Corp return with 2 months of activity and either a partnership return (if more than 1 member) or a Schedule C (for single-member LLC) on your personal 1040.

Re: Form 8832

AmeliesUncle — Thu, 24 Feb 2022 22:00:05 GMT

If the corporate taxation ended at the end of February, the corporate return is REALLY late and is subject to some rather large penalties.

Re: Form 8832

Benny12 — Thu, 24 Feb 2022 23:50:14 GMT

I've just finished the taxes for the s corp for 2021. I'm not late. The scenario I stated is happening now. I'm looking forward, trying to get all my ducks lined up, for next year's (2022) taxes.

Re: Form 8832

AmeliesUncle — Fri, 25 Feb 2022 00:10:44 GMT

The S-corporation return was due 2.5 months after the S-corporation ended.