Fri. Jul 19th, 2024
Where to Mail Form 2553

Form 2553 – An Overview

Form 2553, Election by a Small Business Corporation, is used by businesses to elect under section 1362(a) to be an S corporation Status. The Status of S-Corporation helps business owners from double-taxation.

It avoids paying income taxes at the corporate level, instead, the profit and losses should be reported to their owners/shareholders’ income tax returns.

When to file Form 2553?

Form 2553 must be filed on or before the two months and fifteen days after the start of the tax year in which the S-Corporation will take effect.

Form 2553 Mailing Address

The mailing address will vary based on the business location

If the corporation’s principal business, office, or agency
is located in
Connecticut, Delaware, District of Columbia, Georgia,
Illinois, Indiana, Kentucky, Maine, Maryland,
Massachusetts, Michigan, New Hampshire, New Jersey,
New York, North Carolina, Ohio, Pennsylvania,
Rhode Island, South Carolina, Tennessee,
Vermont, Virginia, West Virginia, Wisconsin
Department of the Treasury
Internal Revenue Service
Kansas City, MO 64999
Alabama, Alaska, Arizona, Arkansas, California,
Colorado, Florida, Hawaii, Idaho, Iowa, Kansas,
Louisiana, Minnesota, Mississippi, Missouri,
Montana, Nebraska, Nevada, New Mexico, North
Dakota, Oklahoma, Oregon, South Dakota, Texas,
Utah, Washington, Wyoming
Department of the Treasury
Internal Revenue Service
Ogden, UT 84201

Looking to know how to start an S-Corporation, Click here.

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