Thank you for the response. I agree with you, but in this particular circumstance, the tax payer intended to be taxed as an s-corporation and was on the payroll for the entire year. He received a W2 at year end, although another accountant filed the 1040 with the schedule C. Do I wait 60 days to see if retro s election is approved or file the amended 1040x now as support for the tax payers intent?