I just completed the self employed tax software but I really need to file an 1120s for my s corp. Can I transfer data to the new package? Do I need to?

[AnthonyC · Accepted solution]

Yes, you need to file your Form 1120S.  The penalties for not filing a Form 1120S when required are substantial.  The forms that you would have filled out with the self-employed program are not the correct forms for an S corp. 

You won't be able to directly transfer your work from the self-employed program.  You will have to start over with the TurboTax Business program to fill out the proper forms.  You can find the link to purchase the business program below -

https://turbotax.intuit.com/small-business-taxes/