Ezel / IRS Rulings / 1310035
Chief Counsel Advice 1310035 Released March 8, 2013 Advice

CCA 1310035: A late S election does not reopen closed tax years

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This page covers one taxpayer's ruling from 2013, which can't be cited as precedent. Ask about your situation and see what the current Code and IRS guidance say, with citations.

Currency note: this determination was released in 2013
Statutory amendments, regulation changes, court decisions, or later IRS guidance may have changed the analysis since then. Treat this page as historical context, not current tax advice. Verify current law before relying on any specific rule, threshold, or position mentioned here.
Not precedent. Under 26 U.S.C. § 6110(k)(3), this written determination may not be used or cited as precedent. It resolved one taxpayer's situation on its specific facts, and identifying details were redacted by the IRS before release. The official IRS release (linked on this page as a PDF) is the authoritative source.
About this page: The plain-English summary and ruling snapshot below were written by Ezel based on the official IRS release. The full text is the IRS's own document.
View official IRS release (PDF)

Plain-English summary

Chief Counsel explained the effect of a private letter ruling that allowed a taxpayer to make a late S corporation election effective on its incorporation date. The ruling did not authorize the taxpayer to amend returns for closed years, and it did not authorize the IRS to adjust those years. For tax years still open under IRC § 6501, the taxpayer should be treated as an S corporation.

Ruling snapshot

  • Question: Does a ruling permitting a late S election authorize changes to closed tax years?
  • Outcome: Advice given, the ruling applies to open years but does not reopen closed years.
  • Key authorities: IRC §§ 1362(b)(5) and 6501

Full text (IRS public release)

ID: CCA_2012043015453339 Number: 201310035
Release Date: 3/8/2013
Office: -----------------
UILC: 1362.00-00, 1362.01-03

From: -----------------
Sent: Monday, April 30, 2012 3:45:44 PM
To: ----------------------
Cc:
Subject: PLR question

To memorialize our recent conversations, the private letter ruling (PLR) that this office
issued to Taxpayer pursuant to § 1362(b)(5) does not give the Service authority to make
adjustments in closed tax years. The ruling simply permits Taxpayer to make a late
subchapter S election effective on the date of its incorporation, but does not allow either
Taxpayer to amend closed-year returns or the Service to make adjustments in closed
tax years.

Therefore, for tax years that remain open under § 6501, Taxpayer should be treated as
an S corporation, but we cannot change the treatment of Taxpayer in closed tax years.

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