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Does the s corporation brings form 2553?

Asked by: Do I need a sales tax ID - 6 March, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 Does the S-corporation brings for 2553
Answered by: Lloyd Johnson - 8 March, 2011
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Dear Sir,

If I understand your question correctly, you are asking if you need to file the IRS Form 2553 in order to elect for your corporation to be taxed under the Subchapter S (to make it an S-corporation). The answer to that is yes, you are correct. Please make sure that your corporation meets all of the requirements to qualify for the S-corporation status.

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