What this notice is about We denied your Form 2553, Election by a Small Business Corporation. What you need to do You don't need to do anything. However, if you want to be treated as a Small Business Corporation, you must file a new and complete Form 2553PDF. Be sure to include all required statements. You may want to File a new, complete, and timely Form 2553PDF. Frequently asked questions Is there a waiting period before I can re-submit a new Form 2553? No, you can file a new prepared, complete, and timely Form 2553 at any time. How can I find out why my Form 2553 was rejected? Read your notice carefully. It explains why we could not approve your election. You can also request a copy of your Form 2553 by submitting Form 4506, Request for Copy of Tax ReturnPDF. There is a required fee. Reference Tools Publication 1, Your Rights as a TaxpayerPDF Form 1120-S, S Corporation Income TaxPDF Full list of tax forms and instructions 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, call the IRS number at the top of your notice or letter. If you didn’t receive a letter or notice, use telephone assistance. If you can't resolve the penalty on your own, contact Taxpayer Advocate Service, an independent organization within IRS.