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s corp late election?
Hello.
I am filling out form 2553 to elect S-Corp treatment for my new LLC.
My new LLC has an effective/incorporation date of 06/22/2023. It is my understanding that for a newly formed corporation, the S-Corp election needs to be filed within 75 days.
If that is correct, then it is my understanding that Part 1 section I of form 2553 can be left blank because it is not applicable to my case.
And I can just send the form the appropriate address. Any other tips? Should I fax or mail?
Thanks
‎July 20, 2023
7:30 PM