INCORRECT FILING

[DEO]

Any help is appreciated.

Client formed an LLC early 2016, presumed he knew what he was doing.

This February(2017) want me to file a FINAL NON RETURN.

He did not know what he did at the beginning. I asked him if he made an election, to be treated as an S-corp. Not sure.

We decided to file a final 1120 return, with the assumption that he had made an election.

IRS responded that they have not received a form 8832, and a statement explaining reasonable cause for failing to file Form 8832 by the original due date.

I am at a loss how to respond.

Your assistance is greatly appreciated.

deo

[Pacun]

Why didn't you disregard instead of assuming?

 

[BLACK BART]

I can't think of anything, but why not just wait and see if IRS sends him anything else or bills him?  At least you'll know where you stand if/when they do.  I once had a client do something similar and IRS sent a letter on it. Neither of us had any bright ideas, so I suggested we wait and see what happens.  He never heard anything else from them again.  I think sometimes if they don't have your response to work with then they're too busy with other stuff to follow up on such things. 

Caveat: My guy was not a worrier  -- some clients can't stand the suspense.