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Corporation dissolved for missing annual reports, apply as sole prop?
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I just realized I forgot to file annual reports the last few years and my photography corporation is currently dissolved with my secretary of state. Before realizing this I applied based on last years income and it says I qualify for 41,200. I haven't accepted the amount yet.

I could really use the full 41k, but will I get automatically denied because my corporation is dissolved? If I slide it down to under 25k will I have a better chance? I called the secretary of state about reinstating my corporation but I have to do it via mail and it takes a few weeks. I'm not sure I wnat to wait that long before submitting to EIDL. Should I just apply as a sole prop instead? If so should I delete this application and start over? Do I use my dissolved corporations EIN or just my SSN? Sorry I'm terrible with finances.

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Posted
4 years ago