VALID › Notice Library › CP292 Notice
In the IRS’s own words · not reviewed by VALID
CP292 notice explained, in the IRS’s own words
We revoked your qualified subchapter S trust (QSST) election.
Read the full CP292 page on irs.gov ↗
What this notice is about
We revoked your qualified subchapter S trust (QSST) election.
What you need to do
Timely file Form 1041, U.S. Income Tax Return for Estates and Trusts PDF.
You may want to
Keep this notice for your records.
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.