Understanding Your CP265 Notice

This notice alerts you when we terminate a Subchapter S election.


What you need to do


You may want to

  • Keep this notice in your permanent records.

Answers to common questions

Can I re-elect Subchapter S status?
No, you must wait 5 years before making a new election.


Tips for next year

Printable samples of this notice (PDF)

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.