Understanding Your CP266 Notice


What this notice is about

This notice generates when Chief Counsel receives a referral of your Form 2553, Election by a Small Business Corporation.

What you need to do

  • Quickly respond to any inquiries from Chief Counsel, as you may be subject to a user fee.
  • To review Chief Counsel user fees, see Internal Revenue Bulletin 2017-01PDF, or its predecessor.

You may want to

  • Keep this notice in your permanent records.

Frequently asked questions

Will you notify me about the election's approval?

Yes, you will receive written notification when we approve or deny your election.

Can I file Form 1120S?

No, you must not file Form 1120-S, U.S. Income Tax Return for an S. CorporationPDF until we approve your Subchapter S election.

Helpful information

Tips for next time you file