TaxGuyBill
Level 15

@Franck wrote:

he did not know that he could make a late election for the prior year. 


 

Does he qualify for a late election?

Are you saying he had not intended to be taxed as a corporation in 2024?

Would the 1120-S be timely filed?

https://www.irs.gov/instructions/i2553#idm139855003360128