"Is it possible to change it to a 1120s?"
No, they are two completely different types of income tax returns (despite both are for incorporated entities).
You will have to start a new return from the beginning; you cannot change an 1120 to an 1120-S in the program.
"Is it possible to change it to a 1120s?"
No, they are two completely different types of income tax returns (despite both are for incorporated entities).
You will have to start a new return from the beginning; you cannot change an 1120 to an 1120-S in the program.
is fine, however when you transfer from turbo tax last year information it transfers as an 1120C, how can you chanche filling now after the transfer
transfer from last years return on turbo tax was 1120C and this year is 1120S, how is this change in turbo tax
@sfonte wrote:
is fine, however when you transfer from turbo tax last year information it transfers as an 1120C, how can you chanche filling now after the transfer
The only possible way it would transfer from last tax year to the current tax year as an 1120-C would be if the last tax year was an 1120-C file. There is no way to switch, in TurboTax Business, from an 1120-C to an 1120-S; you need to start a new return.