S corp Form 2553 Election Tutorial

[@soulstice69]

You're the man!!! Thanks for the concise and well delivered info!

[@jorgecastrejon1611]

I filed form 8832 form my LLC single member in 2008 with the intent to be classified as S Corporation and was approved starting on 01/01/2018 as to be classified as an association taxable as a corporation the effective date of January 1, 2018, I have not filed yet my LLC income tax for 2018, can I still file form 2553 late election along with the return 1120-S for year2018?. Thanks!

[@XiosJourney]

Very helpful! I watched a couple of videos and yours was the best. Very informative. Where are you located?

[@CJ-mj6hu]

What other supplemental statement and forms do I need to file the late election? Thanks in advance.

[@OKSUHA]

Very helpful video. Thank you so much.

[@triciacruz5933]

I used an online company to file my S Corp. and in Box L of form 2553 they put 1500 Shares. I thought it should be just 100%. What is the 1500 entailing to?

[@santiagorios1656]

Do you know if it's 75 days from the date entred in SECTION E?

[@mp-sv2cp]

So if I have an llc and it’s been operating since 2010, it’s too late for me?

[@sageadvice157]

Where is the top margin of the first page?

[@MrSaghezi]

Filing date questions form 2553: Hello my business started in 2015 as a Sole Prop. Know in 2018 I have decided to become a S-corp. I will file with the state this month. So the date of my corportion begins from this month correct? Thank You.

[@jonassal2676]

i dont think you can do that. You should pick LLC and then file as S Corp.

[@liagvelesiani9835]

Is it necessary to fill this form every year? Or only first year?

[@73lube]

once and for all

[@jorgecastrejon1611]

I filed form 8832 form my LLC single member in 2018 with the intent to be classified as S Corporation and was approved as to be classified as an association taxable as a corporation the effective date of January 1, 2018, I have not filed yet my LLC income tax for 2018, can I still file form 2553 late election along with the return 1120-S for year 2018?. Thanks!