Tax forms

Form 2553

Form 2553, Election by a Small Business Corporation, is the form a corporation or eligible LLC files to elect S corporation status. Each shareholder signs the election.

Reviewed November 3, 2026

Why it matters

The S election changes how the owner is paid, how the entity files and which return the business sends. The deadline is generally the 15th day of the third month of the tax year.

Example

An LLC that wants to be taxed as an S corporation files Form 2553 with the shareholders' signatures before the deadline.

Related terms

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Sources

Checked November 3, 2026. Public pages and tax rules change; confirm them before relying on them.

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