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Yes, a real estate agent in Texas can choose to operate as an S Corporation. To do so, the agent would first need to form a corporation or a limited liability company (LLC) under Texas state law. Once the corporation or LLC is formed, the agent would then need to file Form 2553 (Election by a Small Business Corporation) with the IRS to elect S Corporation status for the entity. Operating as an S Corporation may provide some benefits, such as potentially reducing self-employment taxes and offering liability protection. However, this option also comes with additional reporting and compliance requirements compared to operating as a sole proprietor. Before making the decision to operate as an S Corporation or any other business entity, it's important for real estate agents to carefully consider their specific circumstances and weigh the advantages and disadvantages.