Form with which a corporation may resolve to alter its corporate status top that of a subchapter (S) corporation.
S Corporation Form In Fulton
State:
Multi-State
County:
Fulton
Control #:
US-0046-CR
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
How to Create an S Corp in Georgia Choose a unique name for your Georgia limited liability company. Appoint a registered agent. File your Georgia LLC Articles of Organization. Create an operating agreement. Register for your EIN Number. Apply for S Corp status with IRS Form 2553.
Use Form 1120-S to report the income, gains, losses, deductions, credits, etc., of a domestic corporation or other entity for any tax year covered by an election to be an S corporation.
How to Create an S Corp in Georgia Choose a unique name for your Georgia limited liability company. Appoint a registered agent. File your Georgia LLC Articles of Organization. Create an operating agreement. Register for your EIN Number. Apply for S Corp status with IRS Form 2553.
To convert an LLC to an S Corporation in Georgia, you'll need to follow these steps: Step 1: File Articles of Amendment. Step 2: Obtain a New Federal Tax ID Number. Step 3: File Form 2553. Step 4: Update Your Business Licenses and Permits. Step 5: File Annual Reports.
Choose a business name for your S corp. File articles of incorporation. Issue stock for your S corp. Elect a board of directors and appoint officers. Meet other S corp eligibility requirements. Obtain an employer identification number. Elect S corp status. Apply for state and local S corp business licenses.
Yes. A consent agreement for each shareholder shall be filed by the corporation with its corporate return in the year in which the Subchapter “S” corporation is first required to file a Georgia income tax return.
Here is a brief overview of the tax forms a typical S corporation needs to file with the IRS. Form 2553 – S Corporation Election. Form 1120S – S Corporation Tax Return. Schedule B – Other Return Information. Schedule K – Summary of Shareholder Information. Schedule K-1 – Individual Shareholder Information.
How to Create an S Corp in Georgia Choose a unique name for your Georgia limited liability company. Appoint a registered agent. File your Georgia LLC Articles of Organization. Create an operating agreement. Register for your EIN Number. Apply for S Corp status with IRS Form 2553.