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Form Steps to Complete 2553 IRS Jurupa Valley California: What You Should Know

This year you must fill out Form 2553 in order to take advantage of the S-corporation tax treatment described above. You must either file as an S-corporation yourself, or have your tax preparer file the form. YouTube · Fund era by NerdWallet · 5 Jul 2019 Form 2553 Instructions: Understanding the 2553 Election — NerdWallet 18 Jul 2023 — Instructions for completing and filing Form 2553. If you're an existing small business corporation or LLC or sole proprietor, you can elect to be taxed as an S-corp. Filing by April 15 of the year in which you elect to apply the 2553 election — or filing by June 15 of the first year you take advantage of the 2553 election — triggers the special rates of tax for the S-corp election for that year. YouTube · Fund era by NerdWallet · 9 Jun 2018 Form 2553: A Simple Guide To Tax For All Small Business Entities (P.O.

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