anaban
Level 2

I sent a paper S Corp return with late election 2 months ago. I know it’s going to be ages (hopefully just months) until I hear form IRS. (C Corp electing S Corp)

Now I need to file a late CA return. What is the best option:

  • File a C Copr return, amend when I receive S Corp approval form IRS (probably the legit way, but darn long and complicated)
  • Mail a S Corp return, hoping that by the time they get to it I will be a legit S Copr with IRS
  • Wait (and pay penalties for late filing) for IRS approval and send a S Corp return after IRS approves the status

I know you are going to make me feel bad for asking such a dumb question (always happens), so hit me with your contempt but please answer the question 😊

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