VALID › Notice Library › CP281 Notice
In the IRS’s own words · not reviewed by VALID
CP281 notice explained, in the IRS’s own words
We revoked your qualified subchapter S subsidiary election.
Read the full CP281 page on irs.gov ↗
What this notice is about
We revoked your qualified subchapter S subsidiary election.
What you need to do
Timely file Form 1120, U.S. Corporate Income Tax Returns, for the appropriate tax period.
You may want to
Keep this notice for your permanent records.
Why did you revoke my Form 8869, Qualified Subchapter S Subsidiary Election?
You no longer meet the requirements for this election.
Tips for next year
- Income Tax Return for an S Corporation, and Form 1120-F, U.S.
Reference Tools
- Form 1120, U.S. Corporation Income Tax Return PDF
- Instructions for Form 1120 PDF
- Full list of tax forms and instructions
What to do next
- Write down the date on the letter today.
- Look the number up on irs.gov yourself. Don’t trust a link or phone number from anyone else.
- If it says you owe money or proposes changes to your return, take it to a licensed CPA, EA or tax attorney before that date.
Not advice. Not a filing. Verify with a licensed professional. Rules change by year and facts.