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Error Message: Effective date of S corp election is later than beginning date of tax year
I am having to late file my 2018 S Corp return but I get the error message "You have entered an S corp effective date that is later than the first of the year". It was my first year and the business did not start until 10/5/2018. Turbotax will not let me efile with this error and my state requires efile. The help instructions mention a 'short year' return but turbotax only appears to allow calendar or fiscal year. Please advise...thanks!
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‎November 17, 2020
9:38 PM