taxiowa
Level 9
Level 9

Election date has nothing to do with whether S-corp is filing on a calendar year or a fiscal year.  Yeah I don't know a Mark Weismann but he is wrong about S-corps having to file calendar year returns.  Most do because you have to have reason to file fiscal return but not required to file calendar.

If fiscal year ends in January 2025 then how are you even filing this return before year end?  And did you file a 27 day return for the period 1/04/24 to 1/31/24?  I kinda doubt S-corp is on fiscal year.