Understanding Your CP264 Notice

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 2553. Be sure to include all required statements.

You may want to

File a new, complete, and timely Form 2553.

Answers to common 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 Return, .pdf). There is a required fee.

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.