OK great, thank you again! But just to clarify on the personal return, Sch C - for the assets, R&D and Start-Up costs, do all of those actually need to be "closed off"? I wonder b/c the IRS acceptance letter acknowledges the changing of the tax status from Single Member LLC to S-Corp for 2019 (as the same business)... and this was issued in April in 2019. So "closing the business" doesn't seem logical, rather a carryover like you said.
And if I were to close off the R&D and Start-Up costs, how to I actually do that on the form?
Maybe including a detailed explanation of all this is most important, like you said... do you agree?
Thank you!
@Rick19744
