Solved: 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?

1 Best answer

Level 15

Jun 3, 2019 1:39:26 PM

"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.

Level 15

Jun 3, 2019 1:39:26 PM

"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.

Returning Member

Mar 3, 2021 7:36:48 PM

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

Level 15

Mar 4, 2021 7:08:58 AM

@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.

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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?