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Updated almost 8 years ago on .
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Tax form 2553 part 4 subsections P, Q, R
Hey BP members. After filing for the EIN under corporation status my team and I would like to change our status from corporation to s corp l. To do so we are aware that you must print and fill out form 2553 election of a corp. We have a question. Part 4, subsections P, Q, R of which you must choose one of the three.
We aren't sure which one to choose. Can anyone be of assistance?