2553 late election

[greavri]

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?

[dkh · Accepted solution]

Did you mark in the SCorporation Information Worksheet  Part II as a Short Year?

[greavri]

thank you very much that was what I needed to do. 

[dkh]

You're very welcome.   I knew the answer because I had the same problem. 

[gwong]

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

[dkh]

Part II of the S Corporation Information Worksheet   not  part II on F2553

hope this helps