After termination or revocation can a corporation , re-elect S corporation status?

 
Existing customers please login to check the status of your order at Infotax Square Login here (0) (0)
Category :
Posted On : 29th Aug 2009

Can an entity restore terminated election of a s corporation?

  • A corporation may not re-elect S corporation status until the 5th year after the year in which the termination or revocation became effective.
  •  One the statute of limitations are finished, you have to file a s corporation election with the IRS and the state if applicable.
 
0 Reviews from our clients

What people say about this article