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Q1: Under the check the box regulations, whatentities can a single member LLC elect...

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Accounting

Q1: Under the check the box regulations, whatentities can a single member LLC elect to be taxed as? Explain youranswer

Q2: Under the check the box regulations, whatentities can a multiple member LLC elect to be taxed as? Explainyour answer

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3.6 Ratings (356 Votes)
1 Like a traditional LLC a single member LLC can elect to be taxed as a corporation If you dont make this election however your single member LLC is treated as a disregarded entity    See Answer
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In: AccountingQ1: Under the check the box regulations, whatentities can a single member LLC elect to...Q1: Under the check the box regulations, whatentities can a single member LLC elect to be taxed as? Explain youranswerQ2: Under the check the box regulations, whatentities can a multiple member LLC elect to be taxed as? Explainyour answer

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