Status of crorp

[sureshpatel]

I made a mistake in the type of corp. How do I back to change from an S corp to a C corp

[Anonymous_ · Accepted solution]

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@sureshpatel wrote:

I made a mistake in the type of corp. How do I back to change from an S corp to a C corp

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If you are using TurboTax Business (presumably you are), then you need to start your C corporation return from scratch.

You cannot import or transfer a return prepared as an 1120-S for an S corporation into an 1120 for a C corporation.