did you form a corporation that is election S-Corp or an LLC that is electing to be taxed as an S-Corp
from 2553
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.
the election is supposed to be file with 75 days of the start of the tax year which for a corporation would be the date of incorporation. a late election may be allowed if filed after the 75 days but the start of the tax year would still be 6/22
moving money earned before incorporation to the corporation could result in severe tax problems.
now i have seen some threads that infer an LLC formed during the year or a sole proprietorship, can attempt to make a Late S-Corp election and then all income for the year would be reported on the S-Corp return
