Get the free Form 2553 (Rev December 2006). Election by a Small Business Corporation (Under Secti...

Release date on our website (www.irs.gov). If you have any comments on this draft form, you can submit them to us on our website. Include the word. DRAFT in ...

How to fill out form 2553 rev december

How to fill out form 2553 rev december:

1. Start by downloading form 2553 rev December from the official website of the Internal Revenue Service (IRS).
2. Provide the necessary information in the first section, including the name of the corporation or eligible entity, Employer Identification Number (EIN), and the exact date it was formed or established.
3. Indicate the type of eligible entity, such as a corporation, partnership, or limited liability company (LLC), and the tax year for which the election is being made.
4. In the second section, declare the effective date of the election, which generally must be within the first 2 months and 15 days of the tax year the election is intended to start.
5. Ensure all shareholders or members of the entity sign and date the third section to authorize the election.
6. Include the name, title, and contact information of the individual or authorized person who can answer any questions regarding this form.
7. Review the completed form thoroughly, making sure all the information provided is accurate and up-to-date.
8. Submit the form as directed by the IRS, either by mail or electronically, depending on the preferred method.

Who needs form 2553 rev december?

1. Small business corporations, such as S corporations, that want to be treated as pass-through entities for federal tax purposes.
2. A corporation, partnership, or LLC that meets the eligibility requirements outlined by the IRS.
3. Entities looking to elect S corporation status for the upcoming tax year and receive the associated tax benefits.

Note: It's always recommended to consult with a tax professional or seek guidance from the IRS to ensure accurate completion of form 2553 rev December and to determine if it is the appropriate form for your specific situation.

For pdfFiller’s FAQs

What is form 2553 rev december?

Form 2553 rev December is the form used by eligible corporations to elect to be treated as an S corporation for tax purposes.

Who is required to file form 2553 rev december?

Corporations that meet the eligibility requirements set by the IRS are required to file Form 2553 rev December to elect S corporation status.

How to fill out form 2553 rev december?

To fill out Form 2553 rev December, corporations must provide information such as their identification details, election information, and signatures of the shareholders.

What is the purpose of form 2553 rev december?

The purpose of Form 2553 rev December is to allow eligible corporations to elect S corporation status for tax purposes.

What information must be reported on form 2553 rev december?

Information such as the corporation's name, address, tax identification number, shareholder details, and election information must be reported on Form 2553 rev December.

How do I make changes in form 2553 rev december?

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