I elected corporate treatment 2 years ago via Form 8832. Can I switch back to disregarded entity?
Two years ago I filed Form 8832 to have my single-member LLC taxed as a corporation. It turns out the corporate tax treatment isn't working well for my situation and I want to go back to being a disregarded entity. Can I file another Form 8832 to change back? Or am I stuck for a certain period?
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I filed Form 8832 and selected 'foreign eligible entity' — but I'm a foreign owner of a US LLC. Did I make a mistake?
I'm a German citizen who formed an LLC in Delaware. I wanted to elect corporate tax treatment so I filed Form 8832. Since I'm a foreign person, I selected 'foreign eligible entity' on the form. My acc...
I accidentally filed Form 8832 as foreign entity — how do I fix this?
I filed Form 8832 and checked 'foreign eligible entity' because I'm a foreign person. I just learned this was wrong since my LLC is domestic. What's the fastest way to correct this?
We elected corporate treatment last year and already regret it. Can we just switch back now?
My cofounder is from Egypt and I am from Jordan. We changed the LLC to corporate treatment last year because a prior adviser said it would make everything simpler, but now the compliance path feels he...
I elected corporate status two years ago and regret it — can I change my LLC's classification back?
About two years ago my US LLC filed Form 8832 to be taxed as a corporation. It hasn't worked out and I want to go back to pass-through. Can I just file a new Form 8832, or is there a waiting period? W...
I meant to elect corporate treatment when I formed the LLC but never filed Form 8832. Can I backdate it now?
I am in Japan and formed a U.S. LLC almost a year ago. From day one I intended to treat it like a corporation for tax planning reasons, but I later realized Form 8832 was never actually filed. We alre...
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