Understanding your CP287 Notice

We denied your Form 8716, Election To Have a Tax Year Other Than a Required Tax Year, 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 December 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 elect a fiscal tax year under Revenue Procedure 2006-46.

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.