Question 1 - I would file a new form for the Corporation since they have a different tax ID number than the past.
Did you open up a new account for the new corporation since the type of entity is different and the tax ID number is new? If the answer is yes, I would wait until the new corporation is eligible to be exempt.
Question 2 - If the business account is not engaged primarily in ineligible activities, has been open for at least 2 months, and and has at least 5 large currency transactions in a year, you should be good to file.
Do you e-file?
Last edited by WhoSaid; 12/19/11 09:03 PM.
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