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Any corporation or other qualifying entity will need to file form 2553 to claim S Corp status. If the 2553 is not received by the deadline, the filing status will not be eligible until the following tax year. For more information, see the link below:
No. If it is already an S-corporation, Form 2553 is not required.
Form 2553 is only used to BECOME an S-corporation.
If Form 2553 was not filed, your business is not taxed as an S-corporation, unless you qualify for the special rules for a "Late Election" and file Form 2553 as soon as possible.
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