Under the check-the-box rules, an LLC with more than one member is taxed as a partnership unless it elects to be taxed as a corporation.

Name: Under the check-the-box rules, an LLC with more than one member is taxed as a partnership unless it elects to be taxed as a corporation.
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According to the check-the-box rules, an LLC with more than one member is automatically taxed as a partnership unless it chooses to be taxed as a corporation by filing Form 8832 with the IRS.

Under the Check-The-Box Rules, an LLC with More Than One