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No. 810YORK COUNTY SCHOOL OF TECHNOLOGYSECTION:OPERATIONSTITLE:TRANSPORTATIONADOPTED:August 30, 1984REVISED:June 30, 1994, March 30, 2006810. TRANSPORTATION 1. Authority Title 22 Sec. 23.1, 23.2, 23.4 SC
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SC 1361 is a tax form used for electing S corporation status.
Shareholders of a corporation electing S corporation status are required to file SC 1361.
SC 1361 is filled out by providing the required information about the corporation and its shareholders.
The purpose of SC 1361 is to elect S corporation status for tax purposes.
Information such as the corporation's name, EIN, shareholders' names and addresses, and the election date must be reported on SC 1361.
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