This form is not included in TurboTax because it is not valid until the IRS accepts it.
The S-Corp designation is filed within 45 days of the company's incorporation and is not valid until the IRS accepts it. The IRS will send a letter of acceptance with the date of acceptance. Until that date the company files a 1120, not a 1120S. You can petition the IRS to make an exception. I'm not aware that Turbo tax business allows, you can only fax or mail the Form 2553 to the IRS. Click the image attached for the FAX number for your district.
- This link will provide the form and the instructions for submitting.
