Understanding Your CP264 Notice
CP264 is the notice for denial of Form 2553, Election by a Small Business Corporation.
What you need to do
If you want to be treated as a Small Business Corporation, file a new and complete Form 2553. Be sure to include all required statements.
You may want to
Seek professional assistance
Answers to Common Questions
Q. Is there a waiting period before I can re-submit a new Form 2553?
A. No, a newly prepared, complete, and timely Form 2553 can be filed at any time.
Q. How can I find out why my Form 2553 was rejected?
A. Your denied Form 2553 will arrive in a separate envelope. Examine the form to see if it is complete; if not, this may be the reason.