AI S-Corp Election

Start Your S-Corp Today

Prepare S-Corporation incorporation data and IRS Form 2553 S-Corp Election with AI-guided support, meeting shareholder limits and tax deadlines.

S-Corporation tax election

S-Corp Formation guide

An S-Corporation is a tax status election that allows corporate income, losses, deductions, and credits to pass through to shareholders' personal tax returns, avoiding double taxation.

How EntityEngine can do this with AI

EntityEngine can guide your S-Corp setup, prepare corporate Articles of Incorporation, gather shareholder consent signatures, generate completed IRS Form 2553, and track state S-Corp filings.

Guided formation, then a connected operating record

The goal is not just a filing. EntityEngine keeps formation data connected to documents, signatures, compliance deadlines, licenses, tax IDs, and governance records.

Start Your S-Corp ->

What you usually need

Exact requirements depend on the state, agency, and business facts, but these are the core inputs most organizations should prepare before starting.

Choose a corporate name and formation state.
Select registered agent, board directors, and stock structure.
File standard Articles of Incorporation with the Secretary of State.
Apply for a Federal EIN from the IRS.
File IRS Form 2553 (S-Corp Election) within 75 days of formation.
Confirm all shareholders consent and meet IRS requirements (U.S. citizens/residents, under 100 owners, one class of stock).
File state-specific S-Corp tax elections where required (e.g. NY, NJ).

EntityEngine workflow

1

Complete guided intake for your corporation, directors, and shareholder details.

2

Review state formation filings and confirm S-Corp tax eligibility.

3

Track state approval of your Articles of Incorporation.

4

Generate Form 2553, collect shareholder signatures, and file S-Corp tax elections.

Watchouts

Details to confirm before you file

!

IRS Form 2553 must be filed within 75 days of your corporate start date.

!

Only one class of stock is allowed. Any preferred stock issuance immediately terminates S-Corp status.

!

Some states require a separate state S-Corp election filing to avoid local C-Corp tax treatment.

Typical deliverables

What the workflow should leave behind

Corporate state incorporation filing data

EIN application next step

Completed IRS Form 2553 with shareholder signatures

State-specific S-Corp tax election filings

Bylaws and corporate records template

Form Your S-Corporation by State

Requirements, fees, and processing times vary by state. Choose your state for a step-by-step DIY formation guide with official forms and links.

StateFormation FeeProcessingOnline Filing
AL Alabama$2005-7 daysYesView Guide →
AK Alaska$25010-15 daysYesView Guide →
AZ Arizona$505-7 daysYesView Guide →
AR Arkansas$457-10 daysYesView Guide →
CA California$705-7 daysYesView Guide →
CO Colorado$501-3 daysYesView Guide →
CT Connecticut$1205-7 daysYesView Guide →
DE Delaware$1101-3 daysYesView Guide →
FL Florida$1253-5 daysYesView Guide →
GA Georgia$1007-10 daysYesView Guide →
HI Hawaii$505-7 daysYesView Guide →
ID Idaho$1003-5 daysYesView Guide →
IL Illinois$15010-15 daysYesView Guide →
IN Indiana$951-2 daysYesView Guide →
IA Iowa$505-7 daysYesView Guide →
KS Kansas$1603-5 daysYesView Guide →
KY Kentucky$405-7 daysYesView Guide →
LA Louisiana$1005-7 daysYesView Guide →
ME Maine$1757-10 daysYesView Guide →
MD Maryland$1005-7 daysYesView Guide →
MA Massachusetts$5005-7 daysYesView Guide →
MI Michigan$503-5 daysYesView Guide →
MN Minnesota$1555-7 daysYesView Guide →
MS Mississippi$505-7 daysYesView Guide →
MO Missouri$503-5 daysYesView Guide →
MT Montana$707-10 daysMail OnlyView Guide →
NE Nebraska$1005-7 daysYesView Guide →
NV Nevada$751-3 daysYesView Guide →
NH New Hampshire$1005-7 daysYesView Guide →
NJ New Jersey$1255-7 daysYesView Guide →
NM New Mexico$503-5 daysYesView Guide →
NY New York$2005-7 daysYesView Guide →
NC North Carolina$1255-7 daysYesView Guide →
ND North Dakota$1355-7 daysYesView Guide →
OH Ohio$993-5 daysYesView Guide →
OK Oklahoma$1005-7 daysYesView Guide →
OR Oregon$1003-5 daysYesView Guide →
PA Pennsylvania$1255-7 daysYesView Guide →
RI Rhode Island$1507-10 daysYesView Guide →
SC South Carolina$1105-7 daysYesView Guide →
SD South Dakota$1655-7 daysYesView Guide →
TN Tennessee$3005-7 daysYesView Guide →
TX Texas$3003-5 daysYesView Guide →
UT Utah$541-3 daysYesView Guide →
VT Vermont$1255-7 daysYesView Guide →
VA Virginia$1003-5 daysYesView Guide →
WA Washington$2005-7 daysYesView Guide →
WV West Virginia$1005-7 daysYesView Guide →
WI Wisconsin$1305-7 daysYesView Guide →
WY Wyoming$1001-3 daysYesView Guide →
DC District of Columbia$2205-10 daysYesView Guide →

Related formation guides

Frequently asked questions

Is an S-Corp a separate legal entity from a corporation?

No. An S-Corp is a tax election made with the IRS. You first form a standard corporation (or LLC) at the state level, then file Form 2553 to select S-Corp tax treatment.

What are the main shareholder restrictions for an S-Corp?

An S-Corp is limited to 100 shareholders, who must be U.S. citizens or residents. Partnerships, corporations, and non-resident aliens cannot own shares in an S-Corp.

How does S-Corp tax status save money on self-employment taxes?

S-Corp owners pay themselves a reasonable salary (subject to payroll tax) and can distribute remaining profits as distributions, which are exempt from self-employment taxes.

Ready to handle S-Corp Formation with EntityEngine?

Use AI-guided intake to organize the filing, then keep documents, tax IDs, licenses, and compliance tasks connected after launch.