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  2. Incorporation and S-Election

What do I need to do for the S Election?

Your configuration team at Formations will send you a signature packet that contains the 2553 form, which needs to be signed in order to elect to be taxed as an S-Corp with the IRS.

Once signed, we will file the form with the IRS on your behalf, and you should receive confirmation from the IRS in roughly 12 weeks.