Entering information for Form 2553 for a C Corporation

Alerts and notices
Leave feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to transmit e-files from CS Connect. Find out more.

Use the following steps to enter shareholder information needed for Form 2553 for a C Corporation electing S Corporation status.

  1. Choose File > Open Client to open desired the C Corporation.
  2. Click the Elections folder in the folders block.
  3. Click the 2553 tab, and enter the appropriate information to complete Form 2553, Election by a Small Business Corporation.

    Note: You must complete the Election to be effective for tax years beginning field to print Form 2553.

  4. Click the Shareholder Info button in Screen 2553.
  5. Enter the shareholder's name, address, and SSN / EIN in the Shareholder tab.
  6. Click the 2553 tab.
  7. Enter the appropriate information to complete the shareholder consent.

Related topics

Share This