I have an s-corporation that is a fiscal year entity ending 09-30.
Their 09-30-2012 year end has been extended and isn?t finished yet.
I plan to revoke their fiscal year election in 2012 meaning they?ll have to file a short ?calendar year? 2012 corporate return.
I?ve attempted to extend that short calendar year return by electronically filing form 7004.
It was rejected because IRS thinks they?re on a fiscal year.
I now plan to mail the extension with an attachment explaining the situation.
Is there a better way to handle this?