|
#1
| |||
| |||
| On Mar 16, 11:39*pm, spop...[at]speedymail.org (Steve Pope) wrote: - quote - > Marc Alter *<malte...[at]gmail.com> wrote:
Based on my research, that is what I have found as well, but I wanted> > I recently established an LLC in New York State with me as the only > > Member (Single-Member LLC). *Is there any reason for me to file an83 > > (b) election or would that not apply in my situation? *Thanks very > > much. > I can't think of one, given that83(b) applies usually to > a grant of restricted stock, and an LLC doesn't usually have > stock, and even if it is treated as a corporation and there > is stock, a single-shareholder corporation would not have > restricted stock. > I'm open to other opinions though... > S. to ask around to be safe. Thanks very much for your thoughts. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
| | |||
| |||
| Marc Alter <malter82[at]gmail.com> wrote: - quote - > I recently established an LLC in New York State with me as the only
I can't think of one, given that 83(b) applies usually to> Member (Single-Member LLC). Is there any reason for me to file an 83 > (b) election or would that not apply in my situation? Thanks very > much. a grant of restricted stock, and an LLC doesn't usually have stock, and even if it is treated as a corporation and there is stock, a single-shareholder corporation would not have restricted stock. I'm open to other opinions though... S. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
|
#-1
| |||
| |||
| I recently established an LLC in New York State with me as the only Member (Single-Member LLC). Is there any reason for me to file an 83 (b) election or would that not apply in my situation? Thanks very much. -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Single member LLC Marion1E@comcast.net: A single member LLC did some work for another company. The other company wants to send a 1099 for the work complete. Do they have to use the EIN... | Taxes | 2 | 01-20-2008 03:11 PM | |
| Single Member LLC and S Corp Vijay Sharma: Does a single owner of an S Corp file Form 1040 and Schedule C like a single owner LLC does? For a single owner LLC filing Form 1040 and Schedule... | Taxes | 3 | 05-23-2006 05:58 AM | |
| EIN for single member LLC Etienne: I recently formed a single member California LLC, and have no employees. According to the IRS website and brochures, I don't NEED to apply for a... | Taxes | 1 | 07-28-2005 12:41 PM | |
| Converting Multi member LLC to Single member LLC biophase: I created a Multi member LLC (2 members) last year (2004). 1) In late December I moved a rental property into it. In retrospect I should have... | Taxes | 1 | 03-03-2005 06:11 AM | |
| single member LLC Cookie: I have just formed a single member LLC. I have no employees, and donot expect to have any in the near future. I went to get an EIN from the SS-4... | Taxes | 9 | 02-27-2005 12:56 PM | |
| Thread Tools | |
| Display Modes | |
| |