Gail in Virginia Posted July 12, 2016 Report Share Posted July 12, 2016 I faxed a 2553 to the IRS on June 1, and the client has so far not received a letter from the IRS regarding his election to be treated as an S Corp. This is a new corporation that was incorporated effective 5/12/16, and I want to be sure the election goes through. Should I be concerned yet that he has not received the notice accepting or denying his election? IRS does still send out letters regarding this, don't they? Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted July 12, 2016 Report Share Posted July 12, 2016 I wouldn't be concerned because of all the options for having a late election accepted. I haven't seen an S acceptance letter in awhile, come to think of it. I attached a 2553 to a first year S corp for 2015 because I wasn't sure the 2553 had been accepted and got a letter back saying that I didn't need to attach the 2553 because it had been accepted already. This shouldn't be so hard. 2 Quote Link to comment Share on other sites More sharing options...
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