he I:Lc is eligible to be treated as tufty:maim that meeta cortatn tests SpPit will be electing S corporation atatne, it moat timely 614 Form 2553, Zrectical by & Sianituainata Corporation. The 3.4C will belzeited eir a eorporation sa of the effective date of the s corPotatiOn election and does not need