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IRS Notice CP288: IRS approved your trust's S corporation status

IRS Notice CP288 is an information letter from the IRS. The IRS accepted your election to treat the trust as a QSST (Subchapter S trust). It mostly gives you information about your account. The letter itself is the final word on what it says.

What this letter usually means

The IRS accepted your election to treat the trust as a QSST (Subchapter S trust). Letters like this often need no reply. Read it fully to be sure.

Category: Information and other notices

What people usually do first

File Form 1041 on time and keep this notice.

What to have ready

What may come next

This letter does not point to a specific follow-up letter. Any later step will be described in mail from the IRS.

Read the IRS page

The IRS letter itself is the final word on what it means for you. Read the IRS page for CP288.

Common questions about CP288

What is IRS notice CP288?

The IRS accepted your election to treat the trust as a QSST (Subchapter S trust).

How long do I have to respond to a CP288 notice?

The date to respond or pay by, if there is one, is printed on your letter. Check it, and read the IRS page for CP288 for more.

Is a CP288 notice a scam?

A real CP288 comes by mail and should match your own records. You can also sign in to your IRS Online Account on irs.gov to see your account directly.

What should I have ready for a CP288 notice?

The CP288 notice, The trust's records for Form 1041, The Form 1041 instructions, for the due date.

Scan your letter in the OweRight iPhone app

The OweRight app can tell you what a CP288 letter is and points you to the IRS page for it.

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OweRight is not the IRS and does not give tax or legal advice.

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