We denied your Form 8716 request for an Internal Revenue Code (IRC) Section 444 election because we show you established your tax year as a calendar year.
What you need to do
File your annual return at the end of your required tax year, usually Dec. 31st.
Answers to Common Questions
Is there another way to elect the use of a fiscal tax year?
If you’re a subchapter S corporation, you may be eligible to adopt the use of a fiscal tax year under Rev. Proc. 2006-46.
How to get help
- Call the 800, 866 or 888 number listed on the top right corner of your notice.
- Authorize someone (such as an accountant) to contact the IRS on your behalf using Form 2848, Power of Attorney and Declaration of Representative (PDF)
- See if you qualify for help from a Low Income Taxpayer Clinic.