Can you convert a 1065 client to a 1120S client?

[mike11]

Some tax apps allow you to convert an existing partnership client to an S-Corp or vice versa? Is this possible in Lacerte? For instance, turning a 1065 in 2018 into a 1120S for 2018 without having to re-key all the figures and demographic info?

[sjrcpa · Accepted solution]

Technically, no.

If you are familiar with the data files you can copy the 1065b one and paste into 1120S to eliminate some work, but it alo could be a mess.

[George4Tacks]

Not officially, but it can sort of be done. https://accountants-community.intuit.com/questions/1697459-i-have-a-2016-partnership-return-that-con...