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Level 2
posted Jan 17, 2025 9:11:21 AM

Do I need to file Form 966 when I dissolve my S-Corp?

I read contradictory things concerning this question. Some say all S-Corps need to file Form 966 after dissolution. Others say only S- Corps than were originally C- Corps need to file the form. Can anyone clarify? Thanks in advance!

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1 Best answer
Level 15
Jan 17, 2025 2:29:13 PM

It is required of all corporations, including S-corporations.

5 Replies
Level 15
Jan 17, 2025 2:29:13 PM

It is required of all corporations, including S-corporations.

Level 2
Jan 17, 2025 3:07:18 PM

Thanks! That is what I need to know. I appreciate your response.😎

Returning Member
Mar 11, 2025 8:25:18 AM

The isstructions for  form 966 says that sub S  corporatiions should not file this form. What now?

Expert Alumni
Mar 11, 2025 10:50:22 AM

You will still file form 966 IF you were formerly a C corp.  If you never were then you just need to file any final tax forms and then mark the return as final.  

 

Then you can send a letter to the IRS to dissolve your corporation if that is something you want documentation for.  

 

Here are the IRS instructions for closing your business.

 

@bmochel 

Level 15
Mar 11, 2025 4:04:49 PM


@bmochel wrote:

The isstructions for  form 966 says that sub S  corporatiions should not file this form. What now?


 

Can you point out where it says that?   I suspect you are misreading the Instructions.