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Form2553Election by a Small Business Corporation(Under section 1362 of the Internal Revenue Code) (Including a late election filed pursuant to Rev. Pro. 201330)(Rev. December 2017) Department of the

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What is election by a small?

Election by a small is a method used by small businesses to elect to be treated as an S corporation for tax purposes.

Who is required to file election by a small?

Small businesses meeting the criteria set by the IRS are required to file election by a small.

How to fill out election by a small?

To fill out election by a small, businesses need to submit Form 2553 to the IRS.

What is the purpose of election by a small?

The purpose of election by a small is to allow small businesses to be taxed as S corporations, which can provide tax benefits.

What information must be reported on election by a small?

Businesses must provide information such as the business name, address, tax identification number, and signatures of all shareholders.

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