To be an S corp for this tax year, file Form 2553 within how long after the year starts?

2 months and 15 days after the tax year begins.

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  1. 2 months and 15 days ✔
  2. 30 days
  3. 6 months

Why: Form 2553 must be filed no more than 2 months and 15 days after the start of the tax year it should take effect, or any time in the year before. For a calendar-year company, that is about March 15.

Huh, didn't know that: Late-election relief may be available when IRS requirements are met, including having reasonable cause for filing late.

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References

Answer: 2 months and 15 days. Form 2553 must be filed no more than 2 months and 15 days after the start of the tax year it should take effect, or any time in the year before. For a calendar-year company, that is about March 15.

  1. IRS: Instructions for Form 2553 www.irs.gov/instructions/i2553
    No more than 2 months and 15 days after the beginning of the tax year the election is to take effect
    Checked 2026-10-11.

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