Form 2553 Instructions 2025. Form 2553 is a tax form on which owners of an llc or corporation can elect for their business entity to be taxed as an s corporation for federal income tax purposes. So, if you plan to elect for s corp status in 2025, you can file form 2553 at any point in 2024.

In our simple guide, we’ll walk you through form 2553 instructions so you can legally and officially start your new s corporation in the u.s. Form 2553 is a tax form on which owners of an llc or corporation can elect for their business entity to be taxed as an s corporation for federal income tax purposes.