Form 2553 for an existing S-Corp

[SCobra]

I am having the same issue outlined above.

I have gone back through the Business Information sections multiple times, as well as the forms Mode to review the form information.

In order to recreate the issue. Create a Business that has formed date in 2020, for me this was September 2020.
As well as S Corp election date the same as the formed date above.

This causes the 1120S Section G to be checked Yes correctly, but as the form indicated you should not have to send in the 2553 form if you already did so.

I can't seem to find a worksheet/information sheet in the forms that has the "Yes, it already made the S Corp election" answer.  This is where I think the program is having the issue, it thinks that any new S corp election needs to file the 2553 form regardless of answering the question, say it was already elected.

[samiller34]

Good find!  I actually AM electing to be an S corp beginning with this tax year, though.  So I kept it checked, and I attached the confirmation instead of Form 2553.  Thank you!

[jmr5d]

This worked for me. Thank you for sharing your solution!

[toonbuggy]

This solved the problem for me. Thank you so much!

[taochen1]

Dear @JeffreyR77  and @Anonymous_ 

You might read the other filers who have clearly followed the step-by-step instruction as you showed us and told the program that they have elected to be treated as an S-Corp already, but TurboTax Business insisted on having them attach Form 2553 to their main return (Form 1120S).  I'm having exactly the same issue and can't get TurtoTax Business to let me go beyond this point without attaching a Form 2553, which I already filed last year when I formed my S-Corp (one has to file within a couple of months or so).

The problem is caused by TurboTax Business mistakenly marking "Yes" on Section G of form 1120S.  As @mjolley said, manually change this to "No" got me through this problem.

It's definitely something TurboTax Business is doing wrong and should be fixed.

Regards,

TC

[ClnGrn]

Yes! This worked for me, on my 2021 1120-S return. Thank You!