e to be treated as t.c0rporaticrt that meets certain tests Wilt will be deceit's S I corporation statue, it mast himely file form 2553, ejection by & Stanituatimiss CazParatiOD. The IIC will bet:its:tett el a eorporation as of the efleethe date of the S corforatiOn election and does not need to file Form BOl2.