khorshed
Level 4
01-06-2022
02:37 PM
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My client started a new Security Patrol business in 2019 and didn't file taxes until now. In 2021 after arguing with shareholders decided to create a C Corp in California, Now, wants to file 2019, 2020 & 2021 under the new C Corp.
Is it Ok to file 2019 & 2020 under a Corp created in 2021?
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TaxGuyBill
Level 15
01-06-2022
02:43 PM
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No, you can't file tax returns for something that did not exist.
That is like trying to amend 2019 and 2020 individual tax return to claim a child as a dependent, when the child wasn't born until 2021.
sjrcpa
Level 15
01-06-2022
04:07 PM
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If there were multiple owners in 2019 and 2020 it sounds like a partnership.
The more I know the more I don’t know.
