ManVsTax wrote:ThatTaxGuy wrote:all were setup as partnerships with the IRS (I requested the SS-4 to confirm) .
An SS-4 does not establish a tax status. So, I wouldn't give that too much consideration.
Regarding posts #2 and #3 and #4, an LLC taxed as a partnership cannot operate as a QJV.
Rev Proc 2002-69 is your best bet and may be your saving grace. Especially if the clients and LLC are based in FL, a community property state.
ManVsTax, I'm not sure if you helped me out this with in a different thread. I had another issue with a fiscal year end on an SS-4 for an estate, and it was pointed out to me that the filing date is not determined by the SS-4, but what is shown on the first tax return.
My early training in the field always taught me that you go by what the SS-4 says, so it's been interesting to learn that there is a different perspective on this.
I did read an interest Tax Adviser article on 2002-69, and indeed, they are in FL, and Florida is not a community property state, but the article was interest none-the-less.