turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I am using Turbotax business and Turbotax is assuming I am a C-Corp. How can I change it to an S-Corp so I can get the right forms, like an 1120S?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I am using Turbotax business and Turbotax is assuming I am a C-Corp. How can I change it to an S-Corp so I can get the right forms, like an 1120S?

"How can I change it to an S-Corp so I can get the right forms, like an 1120S?"

Unfortunately, once you start a return as a C corporation (the 1120 module), it cannot be changed to an S corporation (the 1120S module). You need to start over and choose the 1120S module.

View solution in original post

3 Replies

I am using Turbotax business and Turbotax is assuming I am a C-Corp. How can I change it to an S-Corp so I can get the right forms, like an 1120S?

"How can I change it to an S-Corp so I can get the right forms, like an 1120S?"

Unfortunately, once you start a return as a C corporation (the 1120 module), it cannot be changed to an S corporation (the 1120S module). You need to start over and choose the 1120S module.

pkeck5
Returning Member

I am using Turbotax business and Turbotax is assuming I am a C-Corp. How can I change it to an S-Corp so I can get the right forms, like an 1120S?

Is there way to export and import all information entered, since you have to start from the beginning?

 

I am using Turbotax business and Turbotax is assuming I am a C-Corp. How can I change it to an S-Corp so I can get the right forms, like an 1120S?


@pkeck5 wrote:

Is there way to export and import all information entered, since you have to start from the beginning?


No, not really. You have to start completely from the beginning since it is a different return entirely.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies