IRS Forms

2553 Form 2021

Form 2553—Election by a Small Business Corporation is the IRS form that needs to be used by corporations or other entities that are treated as a corporation to make an election under section 1262(a) to be an S corporation.

So, if you’re transitioning your corporation to an S corporation, Form 2553 must be filled out and mailed to the Internal Revenue Service. Filling out Form 2553 doesn’t determine the outcome of the election though. Upon mailing Form 2553 to the IRS, the service center will notify the corporation if the election is accepted.

How long am I going to wait for the election result?

This depends on what goes into Form 2553. If the Line Q found in Part 2 of Form 2553 is checked, it will take longer. Generally, the IRS notifies the corporation within 60 days of submitting 2553. If the Line Q is checked, it may take an additional two more months. So, expect to wait two to five months in total for the results.

File Form 2553 Online

Fill out Form 2553 above to mail it to the IRS in 2021. This version of Form 2553 is online fillable so no need to print out right away and complete on paper. You can start filling out on your computer and print out a paper copy or save it as a PDF document once you’re done.

Mail Form 2553 to:

Principal Place of Business in:Mailing Address or FAX Number
Alabama, Alaska, Arizona, Arkansas, California,
Colorado, Florida, Hawaii, Idaho, Iowa, Kansas,
Louisiana, Minnesota, Mississippi, Missouri,
Montana, Nebraska, Nevada, New Mexico, North
Dakota, Oklahoma, Oregon, South Dakota, Texas,
Utah, Washington, or Wyoming
Department of the Treasury
Internal Revenue Service
Ogden, UT 84201

Fax: 855-214-7520
Connecticut, Delaware, District of Columbia,
Georgia, Illinois, Indiana, Kentucky, Maine,
Maryland, Massachusetts, Michigan, New
Hampshire, New Jersey, New York, North Carolina,
Ohio, Pennsylvania, Rhode Island, South Carolina,
Tennessee, Vermont, Virginia, West Virginia, or
Department of the Treasury
Internal Revenue Service
Kansas City, MO 64999

Fax: 855-887-7734

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