I am wondering if it is possible to use the information within Turbo Tax to convert a FILED (1040 + Sch C) over to a (1040 + S Corp) for comparison purposes only in order to make a decision to change business entity from LLC to S Corp. Or will it be necessary to purchase new software, re-enter all the data and see where it come out with owing taxes? Seems like a lot of work. . . . hoping there is an easier way to find out "which is better for our tax situation - LLC or S Corp?"
thx
