Which tax classifications can potentially apply to LLCs?
A)Partnership.
B)Partnership and sole proprietorship.
C)S corporation.
D)C corporation.
E)All of these choices are correct.

Name: Which tax classifications can potentially apply to LLCs? A)Partnership. B)Partnership and sole proprietorship. C)S corporation. D)C corporation. E)All of these choices are correct.
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Question

Quizplus · Accepted Answer

LLCs can choose to be taxed as a partnership, sole proprietorship, S corporation or C corporation.

Which Tax Classifications Can Potentially Apply to LLCs