jmass
Level 2
10-28-2022
02:10 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have 2 S-corps that had been accepted in their first year filing as S and rejected in following years as S ( so I paper filed them )
Labels
dkh
Level 15
10-28-2022
03:16 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
That seems odd. What was the reason for the rejection?
TaxGuyBill
Level 15
10-28-2022
03:42 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Did they make the late election, and the 8832 was attached to the first year?
If so, that election allows it to be e-filed even though the IRS computers don't recognize it as a S-corporation.
In the following year, the rejection likely means the IRS computers don't recognize it as a S-corporation. Have they received the acceptance letter that it is a S-corporation?
