IRS Issues PLR Granted LLC Extension to File Entity Classification Elections

April 30, 2026, 8:41 PM UTC

The IRS has issued a private letter ruling on I.R.C. §7701 and Treas. Reg. §301.9100 granting two limited liability companies a 120-day extension to file Forms 8832 for classification as associations taxable as corporations. [PLR 202616003]

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