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What is the deadline to elect S-Corp status?

Incorporation & entity structure

Within roughly two and a half months of the start of the tax year you want it to apply to, or any time during the preceding year.

File later and the election generally takes effect the following year. Late election relief exists where you can show reasonable cause, but it is not automatic.

We handle this for founders running US companies.

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Check your EIN confirmation letter (CP 575) first. If that is gone, look at a previously filed tax return, a business bank account application, or any 1099 you have issued. Your bank or your payroll provider will also have it on file.

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