Split Legal Arizona Startup For S-Corporation Forms For Free

The Arizona Department of Revenue (ADOR) updated the Employee's Arizona Withholding Election form, Form A-4, to reflect Arizona's seven lower individual income tax rates. The new Form A-4 also retained both the zero withholding rate option and line for additional Arizona withholding.

Corporations taxed as S Corporations under Subchapter S of the Internal Revenue Code (IRC) must file Arizona Form 120S. Qualified subchapter S subsidiaries are not treated as entities separate from the parent corporation and would be included on a single Arizona Form 120S filed by the parent S Corporation.

A limited liability company (LLC) that makes a valid federal election to be taxed as an S Corporation must file Arizona Form 120S. A single-member LLC that is disregarded as an entity for federal income tax purposes is treated as a branch or division of its owner, and is included in the tax return of its owner.

Arizona employees must submit Form A-4, Employee's Arizona Withholding Election, to their employers for 2023. The Arizona Department of Revenue has announced that a revised Form A-4 applies effective January 31, 2023, to take into account the new flat tax of 2.5% effective January 1, 2023 under SB 1828.

How to File as an S Corp in Arizona in 7 Steps Step 1: Choose a Business Name. ... Step 2: Appoint Directors and a Registered Agent. ... Step 3: File Articles of Organization. ... Step 4: Create an S Corp Operating Agreement. ... Step 5: Publish Articles of Organization. ... Step 6: File Form 2553 for S Corporation Election.

To form an Arizona S corp, you'll need to ensure your company has an Arizona formal business structure (LLC or corporation), and then you can elect S corp tax designation. If you've already formed an LLC or corporation, file Form 2553 with the Internal Revenue Service (IRS) to designate S corp taxation status.