WITAXLADY Posted July 19, 2019 Report Posted July 19, 2019 LLC forms a S corporation, son forms another LLC as part of the business but all part of the S Corp Now there are 2 EIN's... Can both of these EIN's file under the S corp - of so - how do I show that If not, how would I correct that? Change the second EIN - Of course, payroll was involved Thank you D Quote
Lion EA Posted July 19, 2019 Report Posted July 19, 2019 Does the LLC own an S corporation and another LLC (taxed as what? a sole proprietor? partnership?)? Or, did the LLC elect to be taxed as an S corporation and the original LLC/S corporation owns another LLC? Quote
WITAXLADY Posted July 22, 2019 Author Report Posted July 22, 2019 thank you The LLC elected to be taxed as a S corp and then the S corp formed another LLC under the S corp - so the second... 1 Quote
WITAXLADY Posted July 23, 2019 Author Report Posted July 23, 2019 SO HOW DOES THE SECOND ein SHOW UP FOR PAYROLL ETC? oops - change numbers? amend reports? change entities? Thank you Quote
Terry D EA Posted July 24, 2019 Report Posted July 24, 2019 Don't have a real good idea or answer here so just throwing this out. Could the LLC that elected to be taxed as an S-Corp be the "parent" company of the other S-Corp?????? Something else, if both of these companies have separate EIN numbers then there really shouldn't be any payroll concerns. It doesn't seem possible but do both of these entities use the same name??? Quote
JHAYMAKER Posted August 15, 2019 Report Posted August 15, 2019 if the second llc only member is the s-corp would it be a disregarded entity and all reported on the s corp? jeff 1 Quote
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