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Updated over 5 years ago, 08/09/2019

Alicia Yoder's profile image
Alicia Yoder's profile image
Alicia Yoder
  • Real Estate Broker
  • from Dallas, TX
  • Member since Jun 2, 2016
  • Posts 45
  • Votes 20
  • Experience 10 Yrs
  • Investments 3
Connect

User Stats

45
Posts
20
Votes
Alicia Yoder's profile image
Alicia Yoder's profile image
Alicia Yoder
  • Real Estate Broker
  • from Dallas, TX
  • Member since Jun 2, 2016
  • Posts 45
  • Votes 20
  • Experience 10 Yrs
  • Investments 3
Connect
Alicia Yoder
  • Real Estate Broker
  • Dallas, TX
20
Votes |
45
Posts
Personal Finance

Elected to be S Corp and now don’t want it

Alicia Yoder
  • Real Estate Broker
  • Dallas, TX
Posted

Hey guys,

I have a dog walking company and was improperly told to elect S Corp status. I don’t make enough in the company for that to be advantageous so I would like to cancel it but not dissolve the company completely. How can I do that? Do I just file a 1020s and mark final return?

Thanks in advance!

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