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4/15 filing deadline for Forms 1040, 1041, and 1120 is now closed. Perfection period in progress! Check out Hot Topics here.
4/15 filing deadline for Forms 1040, 1041, and 1120 is now closed. Perfection period in progress! Check out Hot Topics here.
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- S election not yet in IRS system
S election not yet in IRS system
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MICHAELMARS
Level 7
03-15-2026
10:30 AM
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Best practice?
New entity filed S election in December, no acknowledgement yet. I see 2 options.
1- Paper file the 7004 for an S corp.
2- File an extension as a C corp. and then elect S status with the return.
Opinions please.
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3 Comments 3
abctax55
Level 15
03-15-2026
12:12 PM
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What Susan says....AND send that paper extension using a tracking method.
Plus, don't forget the new USPO policy of "we'll date stamp dropped off mail when we get around to it" - so you'll need to take it to the counter & it postmarked/stamped (if you are using the PO...).
HumanKind... Be Both
