Can an LLC file 1120S? – Exploring Tax Filing Options for LLCs
Can a LLC file 1120S? An LLC taxed as an S corporation.. The LLC will file Form 1120S, U.S. Income Tax Return for an S Corporation. Each member will need to report his or her share of the profits on their individual Form 1040, along with Schedule K-1 (Form 1120S), Shareholder’s Share of Income, Deductions, … Read more