Get Ar1103 Application To Be A Small Business Corporation - Dfa Arkansas

The AR1103 application is essential for small businesses in Arkansas seeking S corporation status for tax purposes. This guide provides clear, step-by-step instructions to help users navigate the online form efficiently.

Follow the steps to complete the AR1103 application online.

1. Press the ‘Get Form’ button to obtain the AR1103 application form and open it in your editing software.
2. Enter the corporation's name clearly in the designated field and ensure it matches the incorporation documents. Specify the date of incorporation by selecting the appropriate date format (MM/DD/YYYY).
3. Fill in the corporation's Federal Employer Identification Number (FEIN) in the provided section. Ensure that this number corresponds with the one issued by the IRS.
4. Indicate the effective date for the Arkansas tax year, again using the MM/DD/YYYY format. This is crucial for ensuring that the election is valid for the correct tax period.
5. List the corporation's address, including city, state, and zip code. Make sure to include a contact telephone number for the corporation.
6. Provide the date of federal S election and state of incorporation. These dates confirm the corporation's eligibility for S-Corporation status.
7. Include the telephone number, fax number, and email address of the officer or legal representative who the state may contact for additional information.
8. Proceed to complete the shareholder section. For each shareholder, include their name, address, and the number of shares or percentage owned. Ensure each shareholder's signature accompanies their information.
9. Review the completed form for accuracy, ensuring all necessary sections are filled and that consent from all shareholders is documented.
10. Once completed, you can save the changes, download the form, and print it. Make sure to send both completed copies of the form to the Department of Finance and Administration at the address provided. Retain one copy for your records.

Start filling out your AR1103 form online today to ensure your small business can benefit from S-Corporation tax treatment.