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Updated over 9 years ago on . Most recent reply presented by

Daniel Patton's profile image
Daniel Patton's profile image
Daniel Patton
  • Real Estate Investor
  • from Chicago, Illinois
  • Member since Feb 24, 2016

User Stats

70
Posts
7
Votes
Daniel Patton's profile image
Daniel Patton's profile image
Daniel Patton
  • Real Estate Investor
  • from Chicago, Illinois
  • Member since Feb 24, 2016
Daniel Patton
  • Real Estate Investor
  • Chicago, IL
7
Votes |
70
Posts
Tax, SDIRAs & Cost Segregation

Single Member LLC

Daniel Patton
  • Real Estate Investor
  • Chicago, IL
Posted

Hello, I am a newly-formed single member LLC, and am planning on electing s-corp status to avoid self employment tax. I know I have to file f2553, but do I need to also file f8832?

Also, since I have no employees, do I still need to fill out f940 or f941?

I understand I should be getting professional CPA advice, but wanted to hear thoughts from DP'ers first.

Thanks in advance!

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