is eligible to be treated as lie:Operatic@ that meeta cortatn tests Wit will be electing S I corporation statue, it moat tFiapely fills Form 25&3, Rrectical by & Sbaltieblibess CarPoratiOn. The 1LC will be'breite$ ag a ferpbeation as of the effetive date of the S cofPotatitm election and does not need to file Form 8032. .