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Form 2553 Election By A Small Business Corporation Form. This is a Official Federal Forms form and can be use in Department Of Treasury.
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Form 2553(Rev. December 2017) Department of the Treasury Internal Revenue Service Election by a Small Business Corporation(Under section 1362 of the Internal Revenue Code) (Including a late election filed pursuant to Rev. Proc. 2013-30) You can fax this form to the IRS. See separate instructions. Go to www.irs.gov/Form2553 for instructions and the latest information. OMB No. 1545-0123Note: This election to be an S corporation can be accepted only if all the tests are met under Who May Elect in the instructions, all shareholders have signed the consent statement, an officer has signed below, and the exact name and address of the corporation (entity) and other required form information have been provided. Part I Election Information Type or Print Name (see instructions) Number, street, and room or suite no. If a P.O. box, see instructions. City or town, state or province, country, and ZIP or foreign postal code A Employer identification number B Date incorporated C State of incorporation D Check the applicable box(es) if the corporation (entity), after applying for the EIN shown in A above, changed its name or address E Election is to be effective for tax year beginning (month, day, year) (see instructions) ...... Caution: A corporation (entity) making the election for its first tax year in existence will usually enter the beginning date of a short tax year that begins on a date other than January 1. F Selected tax year: (1) Calendar year (2) Fiscal year ending (month and day) (3) 52-53-week year ending with reference to the month of December (4) 52-53-week year ending with reference to the month of If box (2) or (4) is checked, complete Part II. G If more than 100 shareholders are listed for item J (see page 2), check this box if treating members of a family as one shareholder results in no more than 100 shareholders (see test 2 under Who May Elect in the instructions) H Name and title of officer or legal representative whom the IRS may call for more information Telephone number of officer or legal representative IIf this S corporation election is being filed late, I declare I had reasonable cause for not filing Form 2553 timely. If this late election is being made by an entity eligible to elect to be treated as a corporation, I declare I also had reasonable cause for not filing an entity classification election timely and the representations listed in Part IV are true. See below for my explanation of the reasons the election or elections were not made on time and a description of my diligent actions to correct the mistake upon its discovery. See instructions. Sign Here Under penalties of perjury, I declare that I have examined this election, including accompanying documents, and, to the best of my knowledge and belief, the election contains all the relevant facts relating to the election, and such facts are true, correct, and complete. Signature of officer Title Date For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 18629R Form 2553 (Rev. 12-2017) Form 2553 (Rev. 12-2017) Page 2 Name Employer identification number Part I Election Information (continued) Note: If you need more rows, use additional copies of page 2. J Name and address of each shareholder or former shareholder required to consent to the election. (see instructions) K Shareholder222s Consent Statement Under penalties of perjury, I declare that I consent to the election of the above-named corporation (entity) to be an S corporation under section 1362(a) and that I have examined this consent statement, including accompanying documents, and, to the best of my knowledge and belief, the election contains all the relevant facts relating to the election, and such facts are true, correct, and complete. I understand my consent is binding and may not be withdrawn after the corporation (entity) has made a valid election. If seeking relief for a late filed election, I also declare under penalties of perjury that I have reported my income on all affected returns consistent with the S corporation election for the year for which the election should have been filed (see beginning date entered on line E) and for all subsequent years. L Stock owned or percentage of ownership (see instructions) Number of shares or percentage of ownership Date(s) acquired M Social security number or employer identification number (see instructions) N Shareholder222s tax year ends (month and day) Signature Date Form 2553 (Rev. 12-2017) Form 2553 (Rev. 12-2017) Page 3 Name Employer identification number Part II Selection of Fiscal Tax Year (see instructions)Note: All corporations using this part must complete item O and item P, Q, or R. O Check the applicable box to indicate whether the corporation is: 1. A new corporation adopting the tax year entered in item F, Part I.2. An existing corporation retaining the tax year entered in item F, Part I.3. An existing corporation changing to the tax year entered in item F, Part I.P Complete item P if the corporation is using the automatic approval provisions of Rev. Proc. 2006-46, 2006-45 I.R.B. 859, to request (1) a natural business year (as defined in section 5.07 of Rev. Proc. 2006-46) or (2) a year that satisfies the ownership tax year test (as defined in section 5.08 of Rev. Proc. 2006-46). Check the applicable box below to indicate the representation statement the corporation is making. 1.Natural Business Year I represent that the corporation is adopting, retaining, or changing to a tax year that qualifies as its natural business year (as defined in section 5.07 of Rev. Proc. 2006-46) and has attached a statement showing separately for each month the gross receipts for the most recent 47 months. See instructions. I also represent that the corporation is not precluded by section 4.02 of Rev. Proc. 2006-46 from obtaining automatic approval of such adoption, retention, or change in tax year. 2.Ownership Tax Year I represent that shareholders (as described in section 5.08 of Rev. Proc. 2006-46) holding morethan half of the shares of the stock (as of the first day of the tax year to which the request relates) of the corporation have the same tax year or are concurrently changing to the tax year that the corporation adopts, retains, or changes to per item F, Part I, and that such tax year satisfies the requirement of section 4.01(3) of Rev. Proc. 2006-46. I also represent that the corporation is not precluded by section 4.02 of Rev. Proc. 2006-46 from obtaining automatic approval of such adoption, retention, or change in tax year. Note: If you do not use item P and the corporation wants a fiscal tax year, complete either item Q or R below. Item Q is used to request a fiscal tax year based on a business purpose and to make a back-up section 444 election. Item R is used to make a regular section 444 election. Q Business Purpose227To request a fiscal tax year based on a business purpose, check box Q1. See instructions for details including payment of a user fee. You may also check box Q2 and/or box Q3. 1.Check here if the fiscal year entered in item F, Part I, is requested under the prior approval provisions of Rev. Proc. 2002-39, 2002-22 I.R.B. 1046. Attach to Form 2553 a statement describing the relevant facts and circumstances and, if applicable, the gross receipts from sales and services necessary to establish a business purpose. See the instructions for details regarding the gross receipts from sales and services. If the IRS proposes to disapprove the requested fiscal year, do you want a conference with the IRS National Office? Yes No2.Check here to show that the corporation intends to make a back-up section 444 election in the event the corporation222s business purpose request is not approved by the IRS. See instructions for more information. 3.Check here to show that the corporation agrees to adopt or change to a tax year ending December 31 if necessary for the IRS to accept this election for S corporation status in the event (1) the corporation222s business purpose request is not approved and the corporation makes a back-up section 444 election, but is ultimately not qualified to make a section 444 election, or (2) the corporation222s business