AC84
Level 1
02-23-2021
04:44 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
How can I submit a form 2553 within the Partnership module
Labels
sjrcpa
Level 15
02-23-2021
04:46 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You can't.
The more I know the more I don’t know.
AC84
Level 1
02-23-2021
04:48 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Ok, but we have two LLC-Partnership returns that both wish to elect Sub-S for tax year 2021 so why does Lacerte not make 2553 available in the Partnership module? Do you recommend just attaching it as a PDF??
sjrcpa
Level 15
02-23-2021
04:55 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Since you are timely filing for a 2021 S election, it gets mailed to the Service. Get the form from irs.gov, or a forms service if you use one, and fill it out.
EDIT: Do not attach it to a 2020 1065.
The more I know the more I don’t know.