Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Jan 19, 2025 6:26:48 AM

Changing from LLC to S-Corp

I'm using TurboTax Business for Windows.   This year, I applied for and was approved to change my status to an S-Corp.  I paid myself a W2 salary.   I opened TT this year and imported last years return to start like I usually do, but I'm not seeing a way to change to an S-Corp.  Do I need to start a return from scratch? 

0 1 3517
1 Best answer
Level 12
Jan 19, 2025 6:37:09 AM

Do I need to start a return from scratch? 

 

Yes. You need to start an 1120-S from scratch.

1 Replies
Level 12
Jan 19, 2025 6:37:09 AM

Do I need to start a return from scratch? 

 

Yes. You need to start an 1120-S from scratch.