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I am receiving an error message that indicates "you have entered a date of S election that is later than the beginning date of the tax year" The Company was incorporated 0n 12/3/19 and I want S election to be at beginning of short tax year so I indicated 12/3/19 on form 2553 but receiving this error message. What am I doing wrong?
Best Answer Click here
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Did you mark in the SCorporation Information Worksheet Part II as a Short Year?
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thank you very much that was what I needed to do.
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You're very welcome. I knew the answer because I had the same problem.
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Hello How are you? I am having the same issue, how did you solved it? I havent see anything in form 2553 part 2 for short year election
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Part II of the S Corporation Information Worksheet not part II on F2553
hope this helps