Is form 2553 the same as articles of incorporation?

Question:

Is form 2553 the same as articles of incorporation?

S corporation:

These are business entities that are formed by not more than 100 shareholders and elect to pass profits and losses through shareholders for the business to be taxed.

Answer and Explanation:

Become a Study.com member to unlock this answer!

View this answer

No. Form 2553 is a document that is to register a business as an S corporation and not a C corporation and informs the internal revenue authorities...

See full answer below.


Learn more about this topic:

Loading...
S Corporation | Definition, Advantages & Examples

from

Chapter 23 / Lesson 27
4.2K

Explore the S corporation. Learn the S corporation definition and understand its advantages and disadvantages. Discover S corporation examples.


Related to this Question

Explore our homework questions and answers library