Form 2553 is filed by any corporation or other entity eligible to elected to be treated as a corporation to make an election to be an S Corporation. It is not an annual form. Form 2553 should be filed no more than two months and 15 days after the beginning of the tax year the election is to take effect, or at any time during the tax year preceding the tax year it is to take effect.
Form 2553 is included as a Fill-In Form in the business program. To access Fill-In Forms, select the Publications Icon at the top of the screen, then select Forms > 2553 Election by a Small Business Corporation. Form 2553 must be mailed to the IRS mailing address as noted in the instructions.