What this notice is about 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 31. Frequently asked 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. Reference Tools Publication 1, Your Rights as a Taxpayer Full list of tax forms and instructions 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, call the IRS number at the top of your notice or letter.