Sub S election form

[Dale Watkins]

What is the latest date that a election form can be filed for a new corp with calendar year end. 2009 was a short year with operations commencing Sept 2009.

An extension to file was filed on March 15. This extended due date to Sept 15.

Thank you.

[BHoffman]

What is the latest date that a election form can be filed for a new corp with calendar year end. 2009 was a short year with operations commencing Sept 2009.

An extension to file was filed on March 15. This extended due date to Sept 15.

Thank you.

Hi Dale - please see:

http://www.irs.gov/newsroom/article/0,,id=174675,00.html

The Rev. Proc. 2007-62 gives the details on how to prepare and submit. Don't forget to provide an explanation for late filing.