Understanding Your CP281 Notice
CP281 generates when we revoke a Qualified Subchapter S Subsidiary Election.
What you need to do
- Timely file Form 1120 for the appropriate tax period.
You may want to...
- Keep this notice in your permanent records.
Answers to Common Questions
Why did you revoke my Form 8869, Qualified Subchapter S Subsidiary Election?
You no longer meet the necessary requirements for this election.
Tips for next year
IRS e-file providers and large taxpayers authorized to participate in IRS e-file can file Forms 1120, U.S. Corporation Income Tax Return, 1120S, U.S. Income Tax Return for an S Corporation, and 1120-F, U.S. Income Tax Return of a Foreign Corporation, through Modernized e-File.
This site provides information on the MeF program as it relates to corporate returns. IRS e-file Providers and Large Taxpayers authorized by IRS should follow the official guidance listed under "How to Participate" below.