How to file S Corporation election for an LLC in New York?
You have the following options to treat your LLC as an S-Corporation.
- State of New York does not recognize conversion from LLC to a Corporation.
- To recognize your LLC as an S-corporation, you have to dissolve your existing LLC and file for S-corporation.
- You can file an election to file your taxes as an S-corporation with the agencies and your LLC can be treated as an S-corporation for tax purposes only but the structure will remain intact.
The following can be used to file an S Corporation Election.
Please do not hesitate to contact us for any additional information.
https://infotaxsquare.com/forms/s_corp_election.php