An eligible entity uses Form 8832 to elect how it will be classified for federal tax purposes, as a corporation, a partnership, or an entity disregarded as separate from its owner.

An eligible entity is classified for federal tax purposes under the default rules
described below unless it files Form 8832 or Form 2553, Election by a Small Business Corporation.

The IRS will use the information entered on this form to establish the entity’s filing and reporting requirements for federal tax purposes.