About Form 2553, Election by a Small Business Corporation
Form 2553 is used by qualifying small business corporations and limited liability companies to make the election prescribed by Sec. 1362. A corporation or other entity eligible to be treated as a corporation files this form to make an election under section 1362(a) to be an S corporation.
Form 2553 (Rev. December 2017) Department of the Treasury Internal Revenue Service . Election by a Small Business Corporation (Under section 1362 of the Internal Revenue Code) (Including a late election filed pursuant to Rev. Proc. 2013-30) . You can fax this form to the IRS. See separate instructions. . Go to . www.irs.gov/Form2553
Instructions for Form 2553 (12/2020) | Internal Revenue Service
2021年1月12日 · To be an S corporation beginning with its short tax year, the corporation must file Form 2553 during the period that begins November 8 and ends January 22. Because the corporation had no prior tax year, an election made before November 8 won’t be valid.
What Is IRS Form 2553? - CorpNet
2023年9月13日 · IRS Form 2553 (Election by a Small Business Corporation) is the form that a corporation (or other entity eligible to be treated as a corporation) files to be treated as an S corporation for federal tax purposes.
IRS Form 2553 Instructions - Electing S Corporation Status
2023年5月8日 · In this article, we’ll walk through IRS Form 2553, Election by a Small Business Corporation, which is the form that certain pass-through entities may use to be treated as an S-corporation. Let’s begin with step by step instructions for completing Form 2553.
IRS Form 2553 - Election by a Small Business Corporation
Form 2553 is filed by any corporation or other entity eligible to elected to be treated as a corporation to make an election to be an S Corporation. It is not an annual form. Form 2553 should be filed no more than two months and 15 days after the beginning of the tax year the election is to take effect, or at any time during the tax year preceding the tax year it is to take …
IRS Form 2553: What Is It? - The Balance
2020年9月17日 · IRS Form 2553 is an election to have your business entity recognized as an S corporation for tax purposes. The form should be filed before the 16th day of the third month of the corporation's tax year, or before the 15th day of the second month of a tax year if the tax year is 2 ½ months or less.
Form 2553 Instructions - How to File IRS Form 2553 | TRUiC
2024年5月9日 · Form 2553 is used by limited liability companies (LLCs) and corporations to elect the S corporation (S corp) tax classification with the US Internal Revenue Service (IRS). Our Form 2553 Instructions guide below covers: Form 2553 due dates; How to complete form 2553; Where to file form 2553; When to elect S corp status
Attach to Form 2553 a statement describing the relevant facts and circumstances and, if applicable, the gross receipts from sales and services necessary to establish a business purpose. See the instructions for details regarding the gross receipts from sales
The Secrets of IRS Form 2553: Everything You Need to Know
Learn all the essentials of IRS Form 2553, the key to electing S corporation status for your C corporation or LLC. Find out everything you need to know here.