S-Corp Annual Report Requirements: What Every S-Corporation Must Know

What Are S-Corp Annual Reports?

S-Corporations file state periodic reports similar to LLCs, plus maintain S election with the IRS via Form 2553 compliance.

Franchise Tax for S-Corps

Delaware, California, and Texas impose franchise or privilege taxes that S-Corps must pay even when federal income passes through to shareholders.

Federal vs State Requirements

Federal: Form 1120-S, payroll for owner-employees (W-2), reasonable compensation rules. State: annual reports, registered agent, good standing.

State-by-State S-Corp Filing Table

See all 50 states for deadlines and portal links. Govance tracks S-Corp deadlines alongside LLC and C-Corp obligations.