dkh
Level 15
03-06-2021
03:06 PM
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Yes, F2553 late election can be sent as an attachment to an efiled SCorp return. The client should then receive some correspondence either a letter with S election acceptance or denial. And as you have figured out, since you are receiving a rejection, the client has not been approved yet. That would lead me to believe the return was mailed and is sitting in a pile of unopened mail.