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Can a Trust File an Entity Classification Election Form 8832

Generally, you can file an entity classification via Form 8832 to change the tax classification of a domestic or foreign-eligible entity. But, what about a Trust? In this video we examine the potential tax classifications and elections for trusts. For other entity classification election videos, please see below: Foreign Partnership to Corporation:    • IRS Form 8832 Election for a Foreign ...   Late Election Relief:    • IRS Form 8832 Late Election Relief - ...   What is a Per Se Corporation:    • What is a "Per Se" Corporation? IRS F...   For a larger database of tutorials, please visit our website and search for your question: https://knottlearning.com/ DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended, and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials. #IRS #Form8832 #Trusts

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