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Updated over 4 years ago on . Most recent reply
MMLLC, non-US citizen, and taxes
Hello!
My husband and I are planning on forming a multiple member LLC consisting of just the two of us. However, he is not yet a US citizen. I'm wonder if any CPA's can confirm if we can still file as an S Corp for taxes, as he's living in the US? If it's worth it to file as an S Corp? I'd love to hear from anyone this is currently partnered with a non-citizen. I'm wondering if there are any other issues we'll face having him as a member and if we're ultimately better off forming a single member LLC and just having him work for me?
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S-Corp ownership is only available to US Citizens and US Resident Aliens (green card holders)