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ewmc
New Member

S corp to C corp change

In my 2021 tax return form 1120-S for option H selection (5) S-election termination was selected.

I just downloaded turbotax business but it is not allowing me to change to C corp filing, it has defaulted to S corporation returns since it pulled my last years returns. Please advise how do I file C corp return if the last year returns was as S-corporation. 

Thanks,

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Accepted Solutions

S corp to C corp change


@ewmc wrote:

....how do I file C corp return if the last year returns was as S-corporation. 

You have to start a new C corporation return (1120) from scratch.

View solution in original post

1 Reply

S corp to C corp change


@ewmc wrote:

....how do I file C corp return if the last year returns was as S-corporation. 

You have to start a new C corporation return (1120) from scratch.

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