Understanding Your CP279 Notice
CP279 is the notice of acceptance to the parent corporation of a Qualified Subchapter S Subsidiary (QSub) from Form 8869, Qualified Subchapter S Subsidiary Election.
What you need to do
- Retain this notice in your permanent records.
- Notify IRS of necessary changes via Form 8822-B, Change of Address or Responsible Party – Business.
You may want to
Supply your subsidiary corporation with a copy of this notice.
Answers to Common Questions
Q. How do I report the activity of my subsidiary?
A. Subsidiary information should be reported on Form 851, Affiliations Schedule, and other necessary schedules.