How to Verify My LLC Tax Year Election Without Calling the IRS?

So I started my LLC about a month ago and got my EIN shortly after. During the application process, I remember seeing something about choosing a tax year, but honestly I was completely clueless about what that meant so I probably just went with whatever default option was there. Now I'm realizing I have no idea what tax year I actually selected for my business. Does anyone know if there's a way to check what tax year I elected for my LLC without having to call the IRS? I'm dreading the thought of sitting on hold for hours just to get this one piece of information. Is there maybe some online portal or document I can check? Any help would be super appreciated since I'm new to this whole business ownership thing and feeling a bit lost with all the tax stuff.

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19 comments

Freya Thomsen

•8M

You can actually verify your LLC's tax year by checking the confirmation letter (CP 575) you received from the IRS after your EIN application was processed. This letter usually arrives within a few weeks of applying and contains your tax year information. If you can't find the letter, you can also log into the IRS Business Account Services online at irs.gov/business. You'll need to create an account if you don't already have one, but once logged in, you can view your business details including your tax year election. Another option is to check the SS-4 form (Application for EIN) if you kept a copy of what you submitted. The tax year election would be indicated there. If you didn't specifically choose a different tax year, the default for most LLCs is a calendar year (January 1 - December 31). If your LLC is a single-member LLC, you'll typically use Schedule C with your personal tax return, which uses the calendar year.

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Freya Thomsen

•8M

Yes, the CP 575 letter sometimes doesn't explicitly state the tax year, but it's worth checking again. The information might be there in the fine print or in additional enclosed documents. The IRS Business Account should show your information regardless of how recently you formed the LLC, though there might be a slight delay between getting your EIN and having all your information appear in the system. It's definitely worth setting up an account as it will be useful for many business tax actions in the future.

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Omar Fawaz

•8M

I went through this exact same situation last year! After struggling to figure out my LLC's tax year, I found this amazing tool called taxr.ai that saved me so much time. I uploaded my EIN confirmation letter to https://taxr.ai and it instantly identified all the key information including my tax year election. It also explained what the tax year means for my filing deadlines and requirements - which was super helpful since I was as clueless as you about all this business tax stuff.

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Omar Fawaz

•8M

Yes, it works with practically all IRS documents! I've used it for 1099 forms, my EIN letter, and even some state tax notices I received. It extracts the key information and explains everything in plain English. They use bank-level encryption and don't store your documents after analysis. Their privacy policy is really clear about this - they just process the document to extract the information, then delete it. I was worried about that too initially, but after researching their security measures I felt completely comfortable using it.

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Chloe Martin

•8M

Just wanted to follow up! I tried taxr.ai after seeing the recommendation here and it was exactly what I needed. I had a stack of business tax documents that were confusing me, and the tool instantly clarified everything. It identified that I had unknowingly elected for a fiscal tax year ending in June (which explains why I was getting confused about filing deadlines!). Saved me from making a big mistake with my quarterly estimated payments too. Seriously, this tool is a game-changer for small business owners who aren't tax experts.

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Anastasia Sokolov

•8M

If you're still having trouble finding your tax year info, you might need to talk to someone at the IRS directly. I know you wanted to avoid calling, but I had great success using https://claimyr.com when I needed to speak with an IRS agent about my business taxes. Instead of waiting on hold for hours, they wait in the queue for you and call you when an agent is available. You can see how it works in this demo: https://youtu.be/_kiP6q8DX5c I know it sounds too good to be true (I thought so too), but it saved me a whole day of being stuck on hold when I needed to clarify some business tax questions that I couldn't find answers to online.

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Anastasia Sokolov

•8M

They don't have special access to the IRS - they just use technology to handle the waiting process for you. Basically, their system calls the IRS and navigates through all the phone prompts, then waits in the queue. When they finally get an IRS agent on the line, that's when they call you and connect you directly to the agent. It's like having someone else do the waiting for you. I was skeptical too! I had been trying for days to get through about my LLC tax questions and was ready to give up. But this actually worked - I got a call back about 2 hours after I signed up, and was talking to a real IRS agent within minutes. Saved me from having to sit by the phone all day.

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Diego Rojas

•8M

Alright I need to eat my words here. After my skeptical comment, I decided to try Claimyr just to prove it wouldn't work. Well, I was completely wrong. I've been trying for THREE WEEKS to get through to the IRS about a business tax issue. Used Claimyr yesterday, and got a call back in about 90 minutes with an actual IRS agent on the line ready to talk to me. The agent answered my question about my LLC's tax year (turns out I'm on a calendar year) AND helped me with another issue I had about estimated tax payments. Honestly shocked that this actually worked as advertised.

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Sean O'Donnell

•8M

Yes, if you're a single-member LLC being treated as a disregarded entity, you're almost certainly on a calendar year tax basis. In this case, your business income and expenses will be reported on Schedule C with your personal tax return, which uses the calendar year. The only way you would be on something other than a calendar year would be if you specifically elected a different tax year, which requires filing additional forms. Since you didn't do that, you can safely assume you're on a calendar year basis.

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