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Business & farm
I am thoroughly confused as to which type of entity you actually have at this point @ ambitionz1993. Your accountant issued you W-2s, purportedly, but you are looking at Form 2553. So the issue is whether that form was or was not filed.
If Form 2553 was filed, then an 1120-S can be prepared and a K-1 issued. If Form 2553 has not been filed, it is now too late to make the election for the current tax year (absent relief for a late filed election - see link below). This now begs the question as to whether what you actually have is a C corporation.
‎August 29, 2019
6:21 PM