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Old 03-08-2019, 09:54 PM
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Form 2553 Question

I sent in form 2553 on Wednesday but just learned today that I should have filed articles of incorporation prior to doing so. What will happen now?



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Old 03-09-2019, 04:16 AM
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The iRS may send you a notification for the form 2553 that you sent them. Since the form 2553 notifies the IRS that you want to elect S corp status, and the IRS will then send a letter back to your corporation confirming its election for this tax treatment.Unless your corp follows special rules, aslongas the Form 2553 is filed before the 16th day of the 3rd month of the corporation's tax year, or before the 15th day of the 2nd month of a tax year if the tax year is 2? months or less, then the corp is treated as a n S corp. however, as you know, You need to incorporate the biz in the state where the biz will conduct the bulk of its business. So,before your biz submits the form 2553, it must first qualify for S corp status and must file articles of incorporation with the state to incorporate the business.i guess since you plz contact the IRS for more info in detail to see what happens.



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