Tax interview
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Tax interview Our club is an S-Corp so which option do I pick when answering the tax interview? General Partnership Limited Partnership Limited Liability Partnership Limited Liability Company Keith Glenn wrote: > Our club is an S-Corp so which option do I pick when > answering the tax interview? We cannot generate tax forms for S-Corps. You probably need to contact an accountant. Eric Dobbs bivio, Inc. None of the above. You have to file an 1120-S, not a 1065. Good luck.
Ira Smilovitz
In a message dated 03/03/09 11:46:31 Eastern Standard Time, nbr3bagshotrow@bivio.com writes:
You should really re-think your form of ownership. I don't know of any good
reason to operate as a subchapter S Corporation, and I can think of many why you
should be a partnership. If limited liability was the driving force for your
decision, you can accomplish the same thing with a LLC or LLP. You just don't
have the same flexibility with a sub S as you do with a partnership, especially
when it comes to withdrawals.
Rip West Saint Paul, MN |
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