Georgia LLC Taxes
Understand Georgia LLC tax classifications, federal elections, and when S-Corp status makes sense for your business. Make informed tax decisions.
Georgia LLC Tax Classifications
Single-Member LLC
Default Classification:
Disregarded Entity
Tax Treatment:
Schedule C
Self-Employment Tax:
Yes
Multi-Member LLC
Default Classification:
Partnership
Tax Treatment:
Form 1065
Self-Employment Tax:
Yes
S-Corp Election
Classification:
S-Corporation
Tax Treatment:
Form 1120-S
Self-Employment Tax:
Reduced
Get Tax Planning Guidance for Your Georgia LLC
Tax planning is complex and depends on your specific situation. We provide administrative support; consult a licensed CPA or tax attorney for tax advice.