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In between status – how to file state return

anaban
Level 2

I sent a paper S Corp return with late election 2 months ago. I know it’s going to be ages (hopefully just months) until I hear form IRS. (C Corp electing S Corp)

Now I need to file a late CA return. What is the best option:

  • File a C Copr return, amend when I receive S Corp approval form IRS (probably the legit way, but darn long and complicated)
  • Mail a S Corp return, hoping that by the time they get to it I will be a legit S Copr with IRS
  • Wait (and pay penalties for late filing) for IRS approval and send a S Corp return after IRS approves the status

I know you are going to make me feel bad for asking such a dumb question (always happens), so hit me with your contempt but please answer the question 😊

Labels (1)
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6 Comments 6
sjrcpa
Level 15

I vote for

"Mail a S Corp return, hoping that by the time they get to it I will be a legit S Copr with IRS"


Ex-AllStar
Terry53029
Level 13
Level 13

Contempt around here, never 😀 at least until @IRonMaN reads it

sjrcpa
Level 15

Hey - he's Minnesota nice.


Ex-AllStar
IRonMaN
Level 15

I don't even know what contempt means, so why did I get dragged into this?😉


Ukraine - hang in there
anaban
Level 2

I won't be in this field if I won’t be able to take the use and abuse (e.g. disgruntled customers, blaming the preparer for their liability, anybody?). 

sjrcpa
Level 15

All of us.


Ex-AllStar