SunTaxMan Posted June 25, 2009 Report Posted June 25, 2009 I have a new S-Corp, Husband and Wife - only shareholders. It seems to me that, in this situation, the tax year of the S-Corp must be the same as the Shareholders/Taxpayers, but I cannot find anything to verify my thinking? (That I cannot use a fiscal year of 7-1, when the taxpayers are filing calendar years.) Is this a requirement, or am I dreaming (again)? Thanks, Quote
TAXBILLY Posted June 25, 2009 Report Posted June 25, 2009 Read PartII and I think you will be persuaded to use a calendar year. http://www.irs.gov/pub/irs-pdf/f2553.pdf taxbilly Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.