Form 1187 is a document that businesses use to inform the IRS of their intent to make an S corporation election. This form must be filed within two months and fifteen days of the beginning of the tax year for which the election is being made. There are several requirements that must be met in order to make an S corporation election, so it's important to understand what they are before filing Form 1187. Failing to meet any of the requirements could result in your business being taxed as a C corporation instead. Let's take a closer look at what's involved in making an S corporation election and some of the requirements you'll need to meet.
| Question | Answer |
|---|---|
| Form Name | Form 1187 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | form 1187 afge, afge form 1187, 1187 afge union pdf, afge 1187 pdf |
