Elect S-corporation status for your business โ the IRS accepts this form only by fax or mail.
Form 2553, Election by a Small Business Corporation, is how a business tells the IRS it wants to be taxed as an S-corporation. It's one of the most common forms new business owners need to submit โ and unlike most modern paperwork, there's no online filing option. The IRS accepts Form 2553 by fax or mail only, which makes fax the fastest route.
๐ก There is no e-file option for Form 2553 โ fax and mail are the only submission methods the IRS accepts, and fax gets it there the same day.
Timing matters more for this form than almost any other. In general, Form 2553 must be filed no more than 2 months and 15 days after the beginning of the tax year when you want the election to take effect (for a new business using the calendar year, that's typically March 15), or at any time during the tax year before it takes effect. The IRS does offer late-election relief in some situations, but the details are specific โ check the official instructions, or ask your accountant, if you've missed the window.
โ ๏ธ Form 2553 routes to one of two IRS service centers depending on the state where your business is located, and fax numbers can change. Always confirm the current number for your state on the official Form 2553 instructions at irs.gov before sending.
If the election is accepted, the IRS typically mails a confirmation notice (CP261) within about 60 days. If you haven't heard back after that, you can contact the IRS to check the status. Hold on to both your fax delivery confirmation and the IRS acceptance letter โ banks and accountants may ask for them later.
No account needed. Upload your form, enter the verified fax number, and send.
SEND A FAX NOW โ