Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Apr 20, 2021 9:56:12 AM

Fiscal Year for Small Business 2020

How do I change from fiscal year to calendar year for my small business? Does TurboTax Home and Business software help with this? 

0 1 107
1 Replies
Level 15
Apr 20, 2021 10:36:56 AM

Form 1128 would be used to request a change in tax year but TurboTax does not support the form.

 

See https://www.irs.gov/instructions/i1128#idm140038687289712

 

Do you have single-member LLC?