clark-kendra
Level 1
07-12-2020
01:35 PM
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I submitted form 2553 for a client last year. The client has moved several times since then and we have not received the s corp acceptance letter. If i file an 1120s for the client, will the irs accept the efile even though the company might not be recognized as an s corp?
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sjrcpa
Level 15
07-12-2020
03:21 PM
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lt will get rejected if by the IIRS if IRS does not have an accepted S election on file (99.99% of the time. I've heard of a few cases where the issue arose years after filing S corp returns).
ProConnect doesn't know or care if it really is an S Corp.
The more I know the more I don’t know.
idawkrizman
Level 3
07-12-2020
07:02 PM
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My client filed the paperwork and then submitted the S-Corp filing. He also did not have a letter as he had moved. On the S-Corp filing, he added comments explaining what was done. Nothing was rejected and he received another letter confirming the election in the mail.
