I have been unable to get the beginning year to change on
the form 1120 using the Turbo Tax Business 2017 software.
I have a company with a November 30 year end. So, my 1120 should show “For Calendar year
2017 or tax year beginning _Dec 01, 2016, ending _Nov 30, 2017_".
After I have gone to the information for your Tax Year from
the Business Info Tab. Clicked About Your Business, then chosen Edit beside
"Type of Tax Year." Checked Fiscal year, then Choose the ending month
of "11" for my tax year.
However, the software will not set the beginning date to
2016 with an ending date in 2017, instead it sets the beginning date to 2017
with an ending date in 2018.
Help please.
