TaxGuyBill
Level 15
10-01-2025
10:00 PM
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@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