Single Member LLC, from Schedule C to 1120S.

[SunTaxMan]

I have been telling people for years that the only stupid question is the one you don't ask.

So, here goes.......

2553 Election filed. Company name was formed with "LLC" as part of name. No change in ownership, just election on 2553.

Does this mean "LLC" needs to be changed to "Inc.?" or....

Is this LLC simply filing as an S-Corp (with no change in name)?

Does this mean the original organizational papers for the LLC need to be redone to change to Inc.?

Would the change, if it is needed, require a new FEIN?

I have been assuming that the S election does not require a new FEIN.

[JoshinNC]

no change in the actual organization

I have been telling people for years that the only stupid question is the one you don't ask.

So, here goes.......

2553 Election filed. Company name was formed with "LLC" as part of name. No change in ownership, just election on 2553.

Does this mean "LLC" needs to be changed to "Inc.?" or....

Is this LLC simply filing as an S-Corp (with no change in name)?

Does this mean the original organizational papers for the LLC need to be redone to change to Inc.?

Would the change, if it is needed, require a new FEIN?

I have been assuming that the S election does not require a new FEIN.

it's just a tax election.