How to file a LATE S Corp Election by completing Form 2553 скачать в хорошем качестве

How to file a LATE S Corp Election by completing Form 2553

In this video I show you how to prepare and file a late S Corp election using Form 2553. I'll walk you through the form step by step and give you some insights on things to keep in mind when executing the late S corporation "strategy". Please, and I can’t stress this enough, watch this particular video in its entirety because I’m going to cover some important details after I show you how to complete the form. IMPORTANT: If you live in a Community Property State, your spouse is required to be listed on Page 2, Part 1. The recommended process would be to list the consenting spouse (name, address, SSN) as a shareholder on page 2, but next to her name indicate, “consenting spouse.” And in the ownership column then list their individual ownership as 0% or N/A and date acquired as N/A. I don't cover this in this video but I DO cover it in the "How to fill out IRS Form 2553 (Timely)" video which is linked below. 📺 How to file TIMELY S Corp election video:    • How to Fill out IRS Form 2553 | S Cor...   IRS Form 2553: https://www.irs.gov/pub/irs-pdf/f2553... IRS Form 2553 Instructions: https://www.irs.gov/instructions/i2553 🔗Useful Links: 🌐 Website: https://navimarajcpa.com/ 📋 Enroll In My Course - Small Business Taxes: From Knowing Nothing to Savings Thousands: https://navimarajcpa.com/learn/ 📁 Setup your LLC or Corporation for FREE: FileYourBusiness.com: https://www.fileyourbusiness.com/ Inc Authority: http://bit.ly/incauthoritycoupon IncFile: http://bit.ly/incfilecoupon ZenBusiness: http://bit.ly/zenbusinesscoupon If you learned something from this video, please like and subscribe and follow me on my various social media handles below. If you would like to contact me with a specific question, please visit my website or leave me a comment. Website: https://www.navimarajcpa.com Email: [email protected] Instagram:   / navimarajcpa   LinkedIn:   / navimarajcpa   Twitter:   / navimarajcpa   Facebook:   / navi-maraj-cpa-pllc-107003020774608   This video was created for informational purposes and it is not to be construed as legal and tax advice specific to your unique situation. Some of the links above are affiliate links which means that if you purchase a product or service with the provided link, I may receive a commission with no additional cost to you. © Navi Maraj CPA PLLC. All rights reserved. #form2553 #scorp #entrepreneur