S-corp with a delay election 2553

Forum|Forum|2 years ago
March 8, 2024
2 replies
20 views

Hi to all peer,

New client forgot to elect 2553 ( formed corp on 11/15/2023) and does not have any income for 2023. I filed 2553 with "FILED PURSUANT TO REV. PROC. 2013-30." along with 1120-S mail to the IRS where indicted on the instruction. Now my question is can I e-file State part?

Really appreciate any insight into my question!

ProSeries Professional

This topic has been closed for replies.

Best answer by sjrcpa

You can try. I think it will depend on the state.

sjrcpaAnswer

Level 15

You can try. I think it will depend on the state.

The more I know the more I don’t know.

IRonMaN

Level 15

For future reference, it is possible to e-file the federal with that election being made

Slava Ukraini!

HOPE2Author

Level 7

Thanks @IRonMaN

I called IRS they said should mail it along 2553.

IRonMaN

Level 15

Tax Guy Bill had a post last year pointing out that you can now attach a pdf of the 2553 and mark that you are making the late election and e-file the return. I tried that route on a return earlier this tax season and it was accepted without any issues. I have to give Bill 123 thumbs up for that post.

Slava Ukraini!

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