Format 2553-S-corp Late Election Part I

The prefilled Form 2553-S-Corp Late Election is a fillable PDF, based entirely on the official IRS version (Form 2553 Rev. 12-2017), optimized for elections filed after the deadline under Rev. Proc. 2013-30. All fields required by Part I-legal name, address, EIN, date of incorporation, and state of incorporation-are identified with descriptive labels for the taxpayer to enter only his and his partners’ information (f1_01 COMPANY NAME, f1_04 EIN, etc.).

On the same screen, the reasonable cause statement (box I) is enabled, which already includes multi-year sample text covering the five Part IV requirements for late corporate and filing elections-entity eligibility, historical intent to be taxed as a corporation, failure to file Forms 2553/8832 on time, consistency of returns, and absence of conflicting notices-so that the user need only customize the details of his or her case.

The template retains the shareholder consent tables (items J-N) to collect name, address, percentage of shares and signature of each partner; column headings are intact and pages can be duplicated if there are more than five shareholders. In addition, the optional tax years (Part II) and QSST trusts (Part III) sections remain active, allowing you to request a different tax year or attach trust elections without redesigning the document.

Compatibility and delivery

• It opens in Adobe Reader, Preview for macOS and most mobile viewers without losing the functionality of the form fields.

• Supports electronic or handwritten signature, as well as progressive saving for collaborative work with accountants or advisors.

• Immediate download after purchase; no installation or macros required.

• Includes a supplemental PDF glossary explaining each box and its official numbering, and direct links to IRS instructions.

Key benefits
– Regulatory accuracy: file replicates the exact layout and numbering of the original, eliminating the risk of line omissions.
– Operational efficiency: reduces preparation from 30-45 minutes to less than 10 minutes; ideal for professionals handling multiple clients.
–Error-free filing: validation of basic fields (9-digit EIN, dates in MM/DD/YYYYY format) to prevent common rejections.
– Suitable for fax or certified mail: meets IRS “firm original document” requirement with no additional steps.