[ykim32]

When is S-corporation filling due date?

According to 1120S instruction, it shows that ’15th 3rd month after the end of its tax year”

https://www.irs.gov/pub/irs-pdf/i1120s.pdf

However, NINJA NOTE, BLITZ, Audio all material indicates that due date for S-corp is March 15, ‘Calendar year only’. I don’t think that this is true.

If S-Corp tax year end is October 31, 2013, the due date should be January 15, 2014. Am I wrong?

Please, would you explain for clarification? I really need your wisdom and advice.

[JMOR]

S Corps are required to have a calendar year end which makes their due date 3/15. However, they can make an election to have a year end other than the required calendar year end. In either case the due date is the 15th day of the third month after year end.

REG - 86
FAR - 74,
BEC - 72,
AUD -73,

[ykim32]

I guess that ‘Calendar Year Only' is not proper expression. I'll stick to IRS instruction. Thanks. It helps. Studying REG is so painful for me because each material has different fact and view.

[Author]

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