Limited liability company (LLC) - Internal Revenue Service
For income tax purposes, an LLC with only one member is treated as an entity disregarded as separate from its owner, unless it files Form 8832 and elects to be treated as a corporation. However, for purposes of employment tax and certain excise taxes, an LLC with only one member is still considered a separate entity.
Single member limited liability companies - Internal Revenue Service
A single-member LLC is also required to use its name and EIN to register for excise tax activities on Form 637; pay and report excise taxes reported on Forms 720, 730, 2290, and 11-C; and claim any refunds, credits and payments on Form 8849. See employment and excise tax returns for more information.
LLC filing as a corporation or partnership - Internal Revenue Service
Aug 22, 2024 · If the LLC is a corporation, normal corporate tax rules will apply to the LLC and it should file a Form 1120, U.S. Corporation Income Tax Return. The 1120 is the C corporation income tax return, and there are no flow-through items to …
Publication 3402 (03/2020), Taxation of Limited Liability Companies
Sep 9, 2024 · In addition, LLC must file under its name and EIN the applicable employment tax returns; make timely employment tax deposits; and file with the Social Security Administration and furnish to LLC's employees (Kent, Patricia, and Tex) Forms W-2, Wage and Tax Statement.
Filing and paying your business taxes - Internal Revenue Service
There are electronic filing options available for many of the taxes and forms that small businesses are required to file, such as excise and employment taxes, Forms 1120, 7004, 1041 and various information returns.
Report beneficial owner information | Internal Revenue Service
Form W-4; Employee's Withholding Certificate Form 941; Employer's Quarterly Federal Tax Return Form W-2; Employers engaged in a trade or business who pay compensation Form 9465; Installment Agreement Request
Small business forms and publications - Internal Revenue Service
Download small business and self-employed forms and publications, or call 800-829-3676 to order forms and publications through the mail.
Get an employer identification number - Internal Revenue Service
If you are forming a legal entity (LLC, partnership, corporation or tax exempt organization), form your entity through your state before you apply for an EIN. If you don’t form your entity with your state first, your EIN application may be delayed.
About Publication 3402, Taxation of Limited Liability Companies
This publication provides federal income, employment, and excise tax information for limited liability companies. Publication 3402 is used internally by Counsel, walk-in and taxpayer education as well as fed-state.
Employer identification number | Internal Revenue Service
Form your entity first: If you’re forming a legal entity (LLC, partnership, corporation), you must form your entity through your state before you apply for an EIN. This includes tax exempt organizations.