Disclaimer.

Online 2553 is an independent service. It is not the Internal Revenue Service, is not affiliated with or authorized by the IRS, and is not a government agency. References to IRS forms, notices, revenue procedures, and instructions are for identification only.

Online 2553 is not a law firm, an accounting firm, or a CPA firm, and does not provide legal, tax, or accounting advice. Information on this site is general in nature and may not reflect the most current IRS guidance or apply to your circumstances.

Whether an entity is eligible to elect S corporation status, which effective date is appropriate, whether late election relief is available, and what compensation is reasonable all depend on your specific facts. Confirm them with a qualified tax professional before you file.

Filing deadlines, mailing addresses, and fax numbers change. Always verify current filing details against the IRS instructions for Form 2553 before submitting.