I have a scorp that should of been a c corp how can i change it

[sjrcpa · Accepted solution]

They can revoke the S election, prospectively.

They are stuck wioth S status until revocation, unless something happened to cause an inadvertent termination.

[mojocpa]

If you are wanting to import in Lacerte from the S corp module to the C corp module you go to Tools, Import clients from S-Corporations, select the desired client and hit OK. 

[sjrcpa]

I guess I failed mind reading. I need to resume the classes.

[IRonMaN]

Refresher course starts Monday morning.

[mojocpa]

How many CPE credit is it worth?

[itonewbie]

None. It's one of those basic skills we're expected to have. :joy:

[IRonMaN]

"How many CPE credit is it worth?"
Depends on how much you are willing to pay me

[abctax55]

You'd know how many CPE credits if you had been taking the mind-reading classes.... (I know, circular logic 🙂

[George4Tacks]

I have been using this book https://www.amazon.com/Golden-Book-Fortune-Telling-K-C-Jones/dp/1452156913/ref=sr_1_3?ie=UTF8&qid=15... Like the Golden Books we had as children, it is well worth the money.

[itonewbie]

Wow, you decided to splurge on a hardcover too! :joy: