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


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. Corporation (PDF) until we approve your Subchapter S election.


Helpful information


Tips for next time you file

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