What this notice is about
We denied your Form 8716, Election To Have a Tax Year Other Than a Required Tax Year, because your deferral period is more than 3 months. We'll mail your denied Form 8716 separately.
What you need to do
File your annual return at the end of your required tax year, usually December 31.
You may want to
Keep this notice for your permanent records.
Frequently asked questions
What is a “deferral period”?
The number of months between the last day of the elected tax year and the last day of the required tax year.