gible to be treated as a cdrporaticm that meta cortafn tests Wilt will be electing S corporation atatna, it mast tFlinely file Form 2553, xection by & Sbanbusimiss CorPoratiOn. The 1,LC will be ;seated alr a entflation as of the effective date of the s corPotatiOn election and does not need to file Form 802.