A new corporation is formed on January 2, 2018. In order to have the S election effective as of the first day of the first tax year, the Form 2553 must be filed no later than

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To have the S election effective for the first tax year, Form 2553 must be filed no later than 2 months and 15 days after the beginning of the tax year, which is March 15, 2018, for a corporation formed on January 2, 2018.

A New Corporation Is Formed on January 2, 2018