Understanding Your CP261 Notice

CP261 is the approval notice for Form 2553, Election by a Small Business Corporation.

What you need to do

You may want to

Answers to common questions

Why is the effective date of the election different from what I submitted on Form 2553, Election by a Small Business Corporation (PDF)?
You did not timely file Form 2553 for the effective date requested.

Can I have the effective date changed?
Relief may be available through Revenue Procedure 2013-30 within Late Election Relief.

How do I request a private letter ruling (PLR)?

The instructions for requesting a PLR are in the first Internal Revenue Bulletin of each calendar year. See IRB 2017-1 (PDF)

Links that you may find useful

For more information on S corporations formed as a Limited Liability Company (LLC):

Need Help?

  • You can authorize someone to contact the IRS on your behalf.
  • See if you qualify for help from a Low Income Taxpayer Clinic.
  • If you can’t find what you need online, you can call the IRS at the 800, 866, or 888 number listed on the notice.