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Client dissolved S Corp on late October, so short year return is due by Jan 15. Which year Lacerte software should I use - 2017 or 2018? I'm not sure TY 2018 final release will be ready in time.
Or doesn't it matter?
Thanks!
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If it is a calendar year, you use 2018 software.
However, even if the software is available, it doesn't really mean it is "ready".
File an extension. Then the due date won't be until July.
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It depends on the first day of the tax year. January 1, 2018 means 2018 tax year.
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Drake writes a good scenario https://kb.drakesoftware.com/Site/Browse/13713/Business-Ended-Filing-ShortYear-Return-Before-Tax-For...
Here is a similar Lacerte question https://accountants-community.intuit.com/questions/1576774-can-i-e-file-a-final-short-period-2017-ye...
It looks like S-Corp will be ready 1/9/19, you may be able to get it done on time. https://lfs.intuit.com/#/s/US/S You will need to check on your state.
Answers are easy. Questions are hard!
