greavri
Level 1

I am receiving an error message that indicates "you have entered a date of S election that is later than the beginning  date of the tax year" The Company was incorporated 0n 12/3/19 and I want S election to be at beginning of short tax year so I indicated 12/3/19 on form 2553 but receiving this error message.  What am I doing wrong?

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dkh
Level 15

Did you mark in the SCorporation Information Worksheet  Part II as a Short Year?

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greavri
Level 1

thank you very much that was what I needed to do. 

dkh
Level 15

You're very welcome.   I knew the answer because I had the same problem. 

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gwong
Level 2

Hello How are you? I am having the same issue, how did you solved it? I havent see anything in form 2553 part 2 for short year election

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dkh
Level 15

Part II of the S Corporation Information Worksheet   not  part II on F2553

hope this helps

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