- Membership
- Certification
- Events
- Community
- About
- Help
Single-member LLC removed from the 2024 W-9 form
September 10, 2024
Q. On the revised W-9 for 2018, the IRS had Individual/Sole-Proprietor or Single-Member LLC listed under one box in Section 3 on the W-9. On the revised W-9 for 2024, the IRS removed the Single-Member LLC from Section 3. Do you know why Single-Member LLC was removed from the W-9? Are companies still able to elect to be taxed as a Single-Member LLC?
A.
(Answered by IOFM's third-party tax experts)
A single-member LLC owned by an individual that does not elect corporate tax status is treated as a…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
