Is a"businessentity" for UStax purposesForeign(non-US)entitySet up as aNova ScotiaUnlimitedLiabilityCompany(ULC)Is a "perse" foreigncorporationLimitedLiabilityHas 2 ormoremembersFiles aForm 1120every yearDomestic(US)entityShareholdersmust be UStax residentsand citizensSet up asaWyomingLLCFiles Form8832 tochange itstaxclassificationIs not a"businessentity" (isa trust)Hasonly 1memberIncorporatedunder DelawareGeneralCorporationLawFiles aForm1065every yearDoes nothavelimitedliabilityFiles aForm1120-Seach yearFiles aForm2553Is a"businessentity" for UStax purposesForeign(non-US)entitySet up as aNova ScotiaUnlimitedLiabilityCompany(ULC)Is a "perse" foreigncorporationLimitedLiabilityHas 2 ormoremembersFiles aForm 1120every yearDomestic(US)entityShareholdersmust be UStax residentsand citizensSet up asaWyomingLLCFiles Form8832 tochange itstaxclassificationIs not a"businessentity" (isa trust)Hasonly 1memberIncorporatedunder DelawareGeneralCorporationLawFiles aForm1065every yearDoes nothavelimitedliabilityFiles aForm1120-Seach yearFiles aForm2553

Tax Bingo - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. Is a "business entity" for US tax purposes
  2. Foreign (non-US) entity
  3. Set up as a Nova Scotia Unlimited Liability Company (ULC)
  4. Is a "per se" foreign corporation
  5. Limited Liability
  6. Has 2 or more members
  7. Files a Form 1120 every year
  8. Domestic (US) entity
  9. Shareholders must be US tax residents and citizens
  10. Set up as a Wyoming LLC
  11. Files Form 8832 to change its tax classification
  12. Is not a "business entity" (is a trust)
  13. Has only 1 member
  14. Incorporated under Delaware General Corporation Law
  15. Files a Form 1065 every year
  16. Does not have limited liability
  17. Files a Form 1120-S each year
  18. Files a Form 2553