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Get your taxes done using TurboTax
@kizfaka wrote:I would like to make my S-Corp election to be effective for the beginning of the tax year (1/1/2023) instead of the my company's formation date (6/22/2023).
You cannot make an S corporation election that would be effective for a date prior to the formation of your eligible entity.
Ref: Section 301.7701-3
‎July 21, 2023
9:54 AM