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Penalty for late filing - Can I amend my dates?
I closed a business in 2020; I put July 20, 2020 in the ending date. Now I learn that I get a late filing fee. There was no activity in the business for the remainder of the year, can I file an amended return that changes the end date to Dec. 31, 2020 to avoid the penalty? (Its over $2400).
Also, If this is the best action, how do I do this in Turbo Tax? It seems to not allow my to edit this item.
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March 10, 2021
7:51 AM