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Form 8832: Everything You Need to Know

Have more questions? Hire an attorney on UpCounsel today and Post a Job: https://www.upcounsel.com/jobs/new Partnerships and Limited Liability Companies (LLCs) can file IRS Form 8832. Businesses file this form if they want to be taxed as different kinds of companies, like a corporation. No business wants to pay too much in taxes. Business entities are given a default tax classification (i.e. a multi-member LLC is taxed as a partnership unless it changes its tax status). Sometimes businesses can pay thousands of dollars less, just byc hanging how the business is taxed!