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New Member
posted Mar 8, 2025 3:03:08 PM

Can I change partnership electing out of centralized partnership?

I want to elect out of centralized partnership on schedule b line 31

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1 Replies
Expert Alumni
Mar 12, 2025 8:52:59 AM

Yes, you can change your answer to the election to opt-out. 

  1. Open your return and go to Business Info >> Partner/Member Information.
  2. Continue through the interview to the page "Centralized Partnership Audit Regime."
  3. Click the box for "Yes" if you wish to elect out of the CPAR.