S Corporation Election

[Gamaelvira_2023]

I have a problem to enter the election date, even I enter the date as was accepted by the IRS, in Roseries looks like an error.

proseries message:Effective Date S Election You have entered an effective date of S Election that is later than the beginning date of the tax year. 

[sjrcpa]

What date did you enter?

What is the time period covered by the 120S?

Hint - it should be the effective date of the S Election, which is in the IRS acceptance letter, and not the date IRS issued the acceptance  which could be many months later.

[Gamaelvira_2023]

Hi,

Thank you for your reply, I am actually entering the effective date, I have the IRS letter that confirms this date, yet I am still receiving an error message. I sent them by mail just to respect the filing deadline.