AliciaP1
Expert Alumni

Business & farm

As Mike9241 posted, you would probably do best to seek a tax professional in your area for help. 

 

In my experience, once you file to elect to be considered an S-Corp for tax purposes you should operate your business like an S-Corp and file all applicable tax forms timely.  So, I agree with Mike9241 in that you should have filed your Form 1120S for a short year (8/2021 - 12/2021), your 2021 1040 with no Schedule C, and you would then be set to file your 2022 1120S.  Sending amended and late returns does not confuse the IRS.

 

@Confused605 

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