My foreign-owned LLC elected C-corp status with Form 8832 — do I now file Form 1120 or Form 1120-F?
I'm a Japanese non-resident running a Wyoming LLC. I filed Form 8832 last year to elect C-corporation classification (we needed a clean withholding posture for international clients). For the prior years as a disregarded entity I filed pro forma 1120 + 5472. Now that the LLC is taxed as a C-corp, I'm getting conflicting answers on whether I file regular Form 1120 or Form 1120-F (foreign corporation return).
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