No response until Mid-Late February 2022(approved- with effective date of 08/2021).
see a tax pro because you have income tax issues. you rushed to file your 1040 for 2021 (not due until 4/15/2022) which is incorrect because the S-Corp status was approved in plenty of time to file an S-Corp return and include the k-1 on your 1040. right now the 2021 return is late and late filing penalties are about $2400. though the IRS is generous about abating first-time penalties. this might actually save you some taxes because with Schedule C net income you paid social security and medicare taxes but probably took an incorrect amount for the QBI deduction. the 2022 S-Corp return is due about 3/15/2023. can't see your returns but by filing schedule C there may be other erroneous items on your return
